[b]Stocks end at 12-year lows[/b]NEW YORK (CNNMoney.com) -- Stocks tumbled Friday on worries about the government taking a bigger chunk of Citigroup and a bleak reading on the economy, again touching 12-year lows.The Dow Jones industrial average (INDU) lost 119 points, or 1.7%, according to early tallies. It was the lowest close since May 1, 1997.The S&P 500 (SPX) index lost 18 points, or 2.4%, closing at its lowest point since Dec. 18, 1996.The Nasdaq composite (COMP) lost 13.5 points, or 1%. The tech-fueled Nasdaq has held up better than the other major averages this year and remains above its lows from Nov. 21, 2008.read more: www.cnn.com
_________________SI Moderator - Greg Gordon
If God is moving, and I am not saying He is, then the greatest minds in the world will be at a total loss. There is a re-alignment going on, the rules of the "game," are going to be changed and it could possibly be a pre-cursor to a system that needs to be in place for end time events. As a side note, almost all of the corrupt money that was made in the last ten years has been wiped out and deception has been exposed.......Frank
Godliness with contentment is great gain, and those who have invested in patience will find its value increasing steadily.
Did you know that the one talent in the parrable was roughly equivilent to $660,000? What that means is that even the "least," of God's servants has been richly supplied with love and grace and joy and peace and forgiveness. Now, the question is, will God get a return on His investments? When asked what we did with his assets, will we say that we buried it because there was a depression? Or will we invest all that we have and give to God a return?.......Frank
i dont know what all of this stalks stuff means but read here. http://www. sermonindex. net/modules/newbb/viewtopic. php?topic_id=27611&forum=44&0
"That we are at 12-year lows tells you that we are in a period of enormous uncertainty and that nobody knows where the bottom is," said Bernard McGinn, CEO at McGinn Investment Management.
Dow below 7,000Saints in my mind this is not good. May God give us grace to minister to others in their needs.
Greg, I would say every adult in this Country is somewhat responsible for the shape were in, some more than others, but if you have "ever" bought anything you did not really need, I would say your responsible, I am definitely responsible. My message here is that we "all" got ourselves into this, and if we all work "together" we can get ourselves out, it will take time no doubt, it took time to get here, but if we just have patients and also step up our Prayer life, I can personally see some light at the end of the tunnel, but as always it will be on "on Gods timing" he said it in Isaiah 40:31.