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Dow down 380 in first 2 minutes of trading.

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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:33 AM
Original message
Dow down 380 in first 2 minutes of trading.
Hoo boy.........
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southernleftylady Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:34 AM
Response to Original message
1. -448 now nt
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Marsala Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:34 AM
Response to Original message
2. Down 447...
And the futures still aren't totally accounted for, I think.
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JCMach1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:34 AM
Response to Original message
3. 444 and falling
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:34 AM
Response to Original message
4. Wow !
Don't they ever call timeout ??
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Marsala Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:36 AM
Response to Reply #4
5. They will if it drops more than 1,100 or so
But not until then. Personally, I'm skeptical that it will go that low... today, at least.
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:36 AM
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6. Everybody is short selling the stocks. The plummet could be severe.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:37 AM
Response to Original message
7. We drink your 401K...
Now it is time to ask for another trillion dollars?
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Telly Savalas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 08:46 AM
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8. Despite all their expensive suits and arcane jargon
the assholes that dominate the securities markets are no different than the minivanned hausfraus who stampede K-Mart at 5 AM on the day after Thanksgiving, elbowing and shoving each other in the hopes of getting a Tickle-Me Elmo.

It's the same moronic mob mentality.
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