Dow

[KramerDSP]

Can anyone give me in laymans terms what it means when the dow is -700 or so? what does that particular number mean/represent ? Thanks.

[Malakai]

It's just an index of 20 particular important stocks.


Most of the losses are from the banking and credit companies who were expecting us to eat their losses for them.

[KramerDSP]

What do the numbers represent ? 700 would mean theyre down a total of 700,000 dollars ?

[misericordia]

no, maybe millions, it should say on the charts

[KramerDSP]

Alright thanks for clarifying. I knew it wasn't in the thousands though :)