Dow Jones Industrial Average Circling The Drain Like Before Great Depression

Posted on July 5, 2010 by | 1 Comment

Dow Repeats Great Depression Pattern: Charts.  CNBC. 

The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.

Click here to see the DJIA chart.

So which political party currently holds dominance in all three branches of the federal government right now?  Granted, the stage is set by predecessors, but the tired mantra of blaming Bush, et. al., is utterly worn, fatigued, and pathetic.  Eighteen, that  is correct, 18 months holding the cards of government and still we have an economy in the dumps. 

Where’s the hope and change?

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One Response to Dow Jones Industrial Average Circling The Drain Like Before Great Depression

  1. ProudMilitaryMom | July 6, 2010 at 2:23 am |

    The more things change the more they stay the same.
    How awful that today i am grateful that my parents and grandparents lived through the depression- I listened and I know what is coming. Stock up now- don’t waste, re-use everything until it wears out and then find another use for it.
    I think rag rugs will be making a come back soon!