HOLY FUCK! What just happened? Dow dropped over 150 points in 5 minutes!

[scheming daemons]

http://www.cnbc.com/

Did some threshold get reached where automatic selling occurred?

Update: Over 200 points in 15 minutes.....

[itsrobert]

1. Bush probably opened his mouth again.

okay

[Taverner]

2. And yet this on the same page

http://www.cnbc.com/id/27699938

[gateley]

4. "Experts Say: No Market Apocalypse Now" from your link --

These experts are the ones who warned if we didn't cough up the $700 billion we'd implode in days; now they're realizing their approach didn't work and are trying to find another solution. These experts need to be jettisoned.

[acmavm]

5. Jettisoned? Is that a fancy word for lined up against a wall and

shot for treason. The brought down the American economy. Is that not treason?

[gateley]

15. I used the wrong word. You've got the right approach. nt

[nolabels]

3. They are trying to see if they can get it below eight thousand

I am not going to get too worked up about any of it, when Clinton took office it was in the three's

[uppityperson]

8. Done. oops, back up over 8000

[Lumpsum]

9. Yep.

People forget that Bush Sr. screwed up the economy too before he left office. Made a bunch of his cronies rich in the process as well. Like father, like son.

Then they leave it to a democrat to clean up the mess.

[uppityperson]

6. 8,022.53 -260.13 / -3.14% and link to DU stock market thread...

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3598849&mesg_id=3598849

[uppityperson]

7. 7,969.32 -313.34 / -3.78%

http://money.cnn.com/data/markets/dow/

[TahitiNut]

12. Below 8,000 .... down, down. down, down, down. down...

:shrug:

[nichomachus]

10. Did Bush open his pie hole again? That always seems to tank the market

[benld74]

11. 7978 and slowly slipping down the greasy BUSH hill to 6000

[Peacetrain]

13. *mommy*

oh vey.. I will never get to retire.. I am going to be 110 years old and cussing bush and company.. while I deliver newspapers..

[CountAllVotes]

14. glad I didn't buy buy buy buy buy

as you were telling everyone to do after the election. We are in a pool of deep sh*t if you haven't figured that out yet.

Look for the DOW at ~5,000 and then maybe it will steady a bit. Even at 5,000 it is overpriced I believe.