How the Dow Jones industrial average fared on Wednesday

[Omaha Steve]

Source: AP

U.S. stocks slumped on Wednesday after an early rally fizzled. The declines were led by energy stocks as the price of crude oil fell sharply. Traders also worried that a report showing that the number of available jobs soared in July could convince Federal Reserve policymakers to raise interest rates later this month.

For the day:

The Dow fell 239.11 points, or 1.5 percent, to 16,253.57.

The Standard & Poor's 500 index dropped 27.37 points, or 1.4 percent, to 1,942.04.

FULL story at link.

Read more: http://bigstory.ap.org/article/357ae68f34424478aca8c4c9a54aede0/how-dow-jones-industrial-average-fared-wednesday

[Warpy]

1. It's pretty volatile right now

Up a few hundred, down a few hundred. Maybe there's a flat day or two in there. The general trend is going to be down for a while, I think, as money floods back into commodities.

[Munificence]

3. I don't think

money will flood back into commodities. If one does the math, it's a rigged game, a gamble, not based on reality or the value of anything. Anyone watching the market knows it 100% manipulated, the powers that be have to keep it propped up for "confidence" and in knowing that one can make pretty decent money.

[Warpy]

4. It already has, at least to some commodities

The whole game is rigged and not in our favor, ever.

[Wellstone ruled]

2. The Market took a turd flush after

Boner's Presser saying there was a possibility of a Government shut down because of issues surrounding the TeaBillies going bonkers over Iran. Here we go again,these idiots only work for themselves.