Party like it's 1999? Fuck that, more like 1997. Dow below 7,000. Party is a wake.

[originalpckelly]

This would be the time to stick your head between your legs and kiss your ass good bye.

http://www.cnbc.com/

[w4rma]

1. I'm not sure that the Dow accurately reflects Main Street. It does reflect Wall Street, however.(nt)

[marmar]

7. Well Main Street isn't exactly partying either......

n/t

[w4rma]

8. No, but the extravagences of Wall Street have to be toned down to fix Main Street. (nt)

[Tommy_Carcetti]

2. Except in the 1990s, things were going the other way. nt

[kentuck]

3. The entire stock market has been a big bubble.

And all bubbles eventually bust. I would think that we are getting close to where the market should be, without the bells and whistles, just about where it was during the Clinton years? In other words, we are in the process of returning to "normal" on the stock market. At least, until the next bubble.

[originalpckelly]

5. I love the "stock market" because it's just a polit bureau.

Just listen to all the inane details they pull in on one of these investor TV shows. "Consumer spending on toothbrushes was down last month."

[OKNancy]

4. If I had money... I'd buy stocks now

but I don't... LOL

[w4rma]

9. You shouldn't. The stock market is still correcting itself. (nt)

[sybylla]

6. Party like it's 1999 is because Nostradamus said that the world would end in 1999

So maybe if you own stock, this does feel like it's the end of the world.