I think 6000 is the bottom, but I could be off a bit.
It was at 7500 yesterday, which is an unbelievable number when we consider we were around 11500 to 12000 when this started.
It's getting close to losing about half of it's total value.
The bottom is 4760.
__________________ "I think some people love spiritual bondage just the way some people love physical bondage. It makes them feel secure. In the end though it is not healthy for the one who is lost over it or the one who is lives under the oppression even if by their own choice"
Titus2woman on AFF
"We did not wear uniforms. The lady workers dressed in the current fashions of the day, ...silks...satins...jewels or whatever they happened to possess. They were very smartly turned out, so that they made an impressive appearance on the streets where a large part of our work was conducted in the early years.
"It was not until long after, when former Holiness preachers had become part of us, that strict plainness of dress began to be taught.
"Although Entire Sanctification was preached at the beginning of the Movement, it was from a Wesleyan viewpoint, and had in it very little of the later Holiness Movement characteristics. Nothing was ever said about apparel, for everyone was so taken up with the Lord that mode of dress seemingly never occurred to any of us."
Quote from Ethel Goss (widow of 1st UPC Gen Supt. Howard Goss) book "The Winds of God"
Ferd, it ain't the panic button, it is the realist button.
Nevertheless, I believe God can & will be good to his people, but still,
"The party is over!"
You know, we say that, but..........we went out to eat last night and had to wait in line for a long time to get in a restaurant here that's not exactly cheap. I don't think it's really hit people yet.
Ferd, I still think you're in denial, but time tells all.
I think this will be equal to, or worse than, the Great Depression.
I also think this has already socialized our country in a remarkably rapid fashion.
well, I agree on that last point. but I would call it facisim (cuz its worse than socialism if thats possible)...
It can get worse. but I dont know about 30+% unemployment and complete collapse of the business community.
early 80s (the real recession left over from the 70's) bad, yes. we might get to 10% unemployment. that was the peak if memory serves. but even still I think there is a good chance this thing is back on an upswing by first quarter 2010 with the bottom being the end of second quarter 2009.
__________________ If I do something stupid blame the Lortab!
You know, we say that, but..........we went out to eat last night and had to wait in line for a long time to get in a restaurant here that's not exactly cheap. I don't think it's really hit people yet.
this is what im saying....
__________________ If I do something stupid blame the Lortab!
Ferd, it ain't the panic button, it is the realist button.
Nevertheless, I believe God can & will be good to his people, but still,
"The party is over!"
Ron the Realist button says that unemployment is around 7.3% right now and will likely rise... some.
but it also says, businessess have reported a lot of losses and come the third quarter of this year, their year over year reports wont be nearly as bad as the last 4 quarters because of that.
realism says that resets happen in an economy and this one while not at the bottom may be very close to the bottom. the houseing market still has to shake out some but there has been a LOT of shaking out already.
The realist says things are bad, can get worse but even still, we will find our way out of it.
unless America repeats the stupidity of the 1930s and keeps re-electing the facist.
__________________ If I do something stupid blame the Lortab!