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11:30. Dow down nearly 350.

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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:34 AM
Original message
11:30. Dow down nearly 350.
So much for yesterday's dead cat bounce.

http://data.cnbc.com/quotes/.DJIA
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:35 AM
Response to Original message
1. But our president has an MBA!
What gives??

:shrug:
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Suji to Seoul Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:38 AM
Response to Reply #1
2. Master Bullshit Artist? We know
Now, what the fuck is the Neanderthal In Chief going to do? Nothing! He's checked out!
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:40 AM
Response to Reply #2
4. MBAs..

...well, there are a lot of good people out there with the degree, but personally, I don't think "Business" should even be a university degree.
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Suji to Seoul Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:46 AM
Response to Reply #4
9. MBA. . .my father has one. But Bush did give us the Business good and hard too
He told America to bend over and spell RUN. . .and the Republicans enabled it to happen!

No wonder I'm bleeding from the ass!
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Arrowhead2k1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:38 AM
Response to Original message
3. Time to line the side walks with giant cushions.
People are going to be jumping out of buildings soon enough.
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appleannie1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:41 AM
Response to Original message
5. McCain's 911 Commission will fix it. Don't worry.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:41 AM
Response to Original message
6. as our retirement accounts shrivel and die, big business gets bailed out
this is fucking criminal
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Mari3333 Donating Member (158 posts) Send PM | Profile | Ignore Wed Sep-17-08 11:18 AM
Response to Reply #6
18. Indeed.
my retirement accounts are in mutual funds but are diversified also. I have no idea how this is affecting me, I am scared to look. I dont get widows benefits for 2 1/2 years, until then I desperately need those funds to access some sort of income. If I lose them, well, I might as well say sayonara to this world, because I will be on the street. Its always good to have that option open, I think, of a bottle of pills if I lose whatever assurance I have eating and paying my heating bills. I didnt think it could get worse then it is now, and yet, here it is.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:41 AM
Response to Original message
7. What was the dow at when moron* was appointed? 10,700?
has whatever "gains" during his reign of terror been completely lost?
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mth44sc Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:45 AM
Response to Reply #7
8. pretty much
AT THE CLOSING BELL WHEN BUSH TOOK OFFICE on January 22, 2001
Dow - 10,578.24

(scarfed from the daily Stock Market Watch thread)
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MadrasT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:47 AM
Response to Original message
10. Drip, drip, drip...
...that's my 401K bleeding out. :banghead:
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Suji to Seoul Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 10:48 AM
Response to Original message
11. Almost a 22% loss over the past year.
Hey, George:
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zeemike Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:03 AM
Response to Original message
12. But there are so many bargains out there
Let's all go out and buy buy buy so that it will go up and then more of the smart money can cash out at a profit.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:03 AM
Response to Original message
13. Was AIG worth it?
:grr:
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leeroysphitz Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:10 AM
Response to Original message
14. It's just a slight correction. It's cyclical, normal, happens all the time.
:sarcasm:
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Captiosus Donating Member (711 posts) Send PM | Profile | Ignore Wed Sep-17-08 11:11 AM
Response to Original message
15. AIG down another 40% to approx. $2 a share
And Morgan Stanley down 40% even though they bumped up their earnings report and had better than expected earnings.

Good job with that bailout, Fed! :sarcasm:
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:12 AM
Response to Original message
16. Down 363 at 12:10
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Arrowhead2k1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:14 AM
Response to Original message
17. You're all nothing but a bunch of whiners.
Now go make some dough.
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RollWithIt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 11:21 AM
Response to Original message
19. Holy shit, over a billion shares traded as of 12:20 EST.....
Sell orders run rampant.
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