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DOW goes over the cliff in final minutes of trading...

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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:01 PM
Original message
DOW goes over the cliff in final minutes of trading...
Went from -200 to finish around -450.

OUCH!

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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:02 PM
Response to Original message
1. -455, not good at all.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:02 PM
Response to Reply #1
4. Nope, this could be the beginning of the panic
It's certainly not a good time for the faint of heart.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:02 PM
Response to Original message
2. Disgusting
nt
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:02 PM
Response to Original message
3. yup-down 460.....and slipping...just talked to a friend at
WaMu bank line - she said tons of people were in the bank getting $ out
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ComtesseDeSpair Donating Member (529 posts) Send PM | Profile | Ignore Wed Sep-17-08 03:13 PM
Response to Reply #3
7. ORLY?
Hmmmmm... tons of people leaving WaMu with money in hand? I think I may have a solution for my debt problem... let's see... where's my ski mask? :evilgrin:
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The Blue Flower Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:22 PM
Response to Reply #3
9. Cashed out my WAMU IRA two days ago
Will put it into a small local savings bank. It only has 4 months to maturity, but I don't have confidence WAMU can last even that long.
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MaryEllen9399 Donating Member (310 posts) Send PM | Profile | Ignore Wed Sep-17-08 03:24 PM
Response to Reply #3
10. my husband uses Chase
should he close his account just yet? I have B of A, should he come over to my bank?
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aint_no_life_nowhere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:34 PM
Response to Reply #10
11. I have my money in Wells Fargo and B of A
I was told that they're probably the two safest banks.
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Hassin Bin Sober Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:51 PM
Response to Reply #10
13. Cramer on CNBC says Chase is the most stable.
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MaryEllen9399 Donating Member (310 posts) Send PM | Profile | Ignore Wed Sep-17-08 04:01 PM
Response to Reply #13
15. thanks nt
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AllieB Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:03 PM
Response to Original message
5. Ugh.
Not good.
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Virginia Dare Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:04 PM
Response to Original message
6. Time to buy citizens!..
:sarcasm:
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:54 PM
Response to Reply #6
14. Lehman is a real bargain right now!
I don't see how anybody would pass that one up.
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gblady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:21 PM
Response to Original message
8. is that picture...
for real???
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Alexander Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 03:37 PM
Response to Reply #8
12. Yes, it's in Newsweek.
I can't believe she literally wrapped herself in the flag.
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