Here's the tweet I posted
@LOLGOP <> Wait. The DOW is allergic to 13,000. Drops everytime. I'd guess Wall Street will crash as usual in October.
You can find it, too, if you Google DOW CRASH "OCCUPYGREED"
I was responding to this tweet
The Dow is over 13,000. Doesn't it know it's supposed to be helping Romney?
Well, the DOW is tumbling today. As of this writing it's down
13343.51 -205.43 (-1.52%)
Oct 19 4:08pm ET - Disclaimer
Remember the crash of 1987. It devastated a lot of retirees. I had one friend, who was retired from Gillette at the time, lose the majority of his retirement funds back then. Who would have guessed back then that Gillette would fade when Romney was Governor with the help of BAIN CAPITAL. Whatever.
USA is reporting
4:31PM EDT October 19. 2012 - NEW YORK -- On the 25th anniversary of the 1987 stock market crash, trading wasn't quite as grim, but decidedly downbeat.
NEW YORK - Poor corporate earnings reports are pounding the stock market in a sour end to an otherwise strong week.I SAY BULL EFFING SHIT! What's the game being played here? Do they think we are effing stupid? Or that our memory is limited to 24 hours?
The Dow Jones industrial average fell more than 200 points for its worst day in four months.
Disappointing results from three giants of the Dow , Microsoft, General Electric and McDonald's , were to blame. The broader market fell, too.
A quick trip down recent economic news lane:
The overall U.S. economy may be moving at a sluggish pace, but for corporate America, 2011 was a banner year. The Fortune 500 list came out today, and it shows record high earnings for the top 500 companies. Their profits increased more than 16 percent from last year to total more than $824 billion. The 500 companies are ranked by revenue, and Exxon Mobil tops the list with a staggering $453 billion. Fortune's managing editor, Andy Serwer, joins me to talk about the numbers and what they mean. Andy, welcome to the program.Oh, my bad. That's an NPR source.
In 2010 Fortune 500: Profits bounce back
Two days ago: Profits soar for JPMorgan, Wells Fargo
Shares in the world's biggest burger chain hit a record high Friday after the company reported robust quarterly profit and sales growth.Microsoft Joins the Record-Profits Crowd on Office/Enterprise Strength
McDonald's (MCD) stock added 3.7%, or $3.32, to close at an all-time high of $92.33.
McDonald's helped propel the Dow Jones Industrial Average to a triple-digit gain Friday. The blue-chip index rose 267 points, or 2.3%, to finish at 11,809. The Dow is now positive for the year, up 1.6 percent.
Traders' enthusiastic response to McDonald's latest results appeared to be driven partly by the fact that recent price hikes didn't turn away customers. Price increases not only offset some inflation in food costs, said Jeffries analyst Andy Barish in a note to clients, but McDonald's also saw "relatively good customer reception" of those higher prices.
Microsoft's Growth AcceleratingIS THERE ANY DOUBT THAT THE DOW IS A GAME PLAYER?
Sales of Office enterprise apps have propelled Microsoft to a record year figure, almost US$ 5 billion up on the previous year. The quarterly revenue figure was up 30% on last quarter, recording US$ 17.3 billion with a 1% dip in revenue from Windows sales.
That and the huge success of Xbox and Xbox Kinect on the gaming front are supporting the still loss-making Online division, which cost the company US$ 728 million. The Bing search engine is now up to 3.5% of worldwide search.
What has changed? Only one thing.
A PRESIDENTIAL RACE. Corporations, for the most part, lean right!