Holy cow! dow down 322!! nt

[Javaman]

[oldtime dfl_er]

1. Hey it's just a softening

just a softening...just a softening...repeat after me...just a softening....

[donheld]

11. Softening like a popped balloon?

:D

[mikelgb]

2. teh stok marketz?

[Ellipsis]

3. S&P down 3% n/t

[Horse with no Name]

4. Something wicked this way comes

Hope everyone is holding on tight to their ass..ets.

[mikelgb]

6. you mean my

[Warpy]

5. Sic transit glorious money

My paper gains of the last 2 years were wiped out.

However, I still have income from dividends and interest. Don't cry for me Albuquerque.

[Eurobabe]

7. But the US is not in a recession

there is no inflation, and the dollar doesn't suck.

:eyes:

[The_Casual_Observer]

8. It's the same "soft landing" that the housing market is doing.

[catmandu57]

9. I was watching cnbc

just a little while ago some guy was saying it's just a correction, uhm if I'm right in my calculation the dow has lost around 1300 points since new years and they were sliding before then. That's a hell of a correction dude.

[MilesColtrane]

15. It has "corrected" -10.75% in just under six weeks.

And still has at least another 10 to go in my opinion.

Glad I'm in for the long haul and not retiring tomorrow.

[katty]

10. Bernanke looked like father x-mas showing up w/ no presents

and not a mention of commercial real estate fallout...

[Subdivisions]

12. No mention of credit card/auto defaults, primes or other Alt-A sectors. n/t

[katty]

13. yes, not a word....

[genie_weenie]

14. You must be mistaken the economy is Awesome due to inspired leadership

Also Americans love to being the http://thinkprogress.org/2008/01/16/bachmann-jobs/">"Workingest People" and work extra jobs.