HOLY SHIT!!! dow down 730 points!!!!

I've been watching it for the last 20 minutes. It went from -653 to -729 that fast. Here we go!!!

because the same point drop means more in a smaller market.

10,600 broke thru and 10,000 broke thru also. Can you say "Good Night Irene "

...guess not.

I can't stop feeling like I'm gonna puke :puke:

Wow

90.00 points That's $22,750 on a 1 lot trade. Some guys trade anywhere from 500 to 2,000 lots at a time?

Which means of course that the American worker is SO KICK ASS!! EXCEPT, THEY CAN'T PICK LETTUCE.

We'll all be working ten years longer after all this. :cry:

I'm so depressed today I can hardly function :banghead:

...Oh wait. Never mind...(move to Republicon talking point number 2.) It will take months to get all that free tax payer money into the markets and to create confidence. It will have an affect about the time ... well, about the time the bush leaves office. :sarcasm:

that, and the next floor level is around 7000. These are the levels at which people bought into the market in the past and have tried to sustain so as to not dip below their original investment level, but the DOW is now at 9580.

Every day that there has been a dip of up to 300 at opening, the final ten minutes tend to go to garbage. 800-1000 down could be realized this afternoon at close unless some hero buyers jump into the mud and try to stop the profuse bleeding.

A note of humor amidst this mess: From Marketwatch:

"If you had purchased $1,000 of AIG stock one year ago, you would have $42 left.

With Lehman, you would have $6.60 left.

With Fannie or Freddie, you would have less than $5 left.

But if you had purchased $1,000 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214."