Dow Down (Bumped) Closes -624.24 (-5.45%)
This isn't pretty.
The JI">Dow Jones Industrial Average has plummeted to begin the trading day after the nation's credit was downgraded from AAA to AA+ by Standard & Poor's after the market closed Friday. Keep your fingers crossed, folks, that this is just a downgrade and that we aren't headed for a complete collapse of the economy as the Cloward-Piven-Obama left so giddily hopes it is. Update: 10:15AM Down-down-down: Dow at -242.11. Update: 10:30AM Dow at -343.15 Update: 11:00AM Dow at -347.84. Stabilizing? I'm going to try not to look again until noon. Update: 1:59PM G U L P! Dow at -445.85, and now below 11,000.
Update: 4:00PM Dow closes at -624.24 (-5.45%), but soon hits -633.17 (-5.53%) and continues to fall after hours.
Posted by: Confederate Yankee at 04:01 PM
Comments
Posted by: Profesor Hale at August 08, 2011 09:37 AM (PDTch)
2
For every seller, there is a willing buyer. Someone expects to get rich buying those bargain stocks at the expense of panic sellers.
Posted by: Professor Hale at August 08, 2011 01:44 PM (PDTch)
3
Only promised IF we managed to show spending cuts that were worthwhile. Obviously, the government fooled no one!
Posted by: carol at August 08, 2011 04:58 PM (eC04Q)
4
UGG ブーツ UGG 人気UGG 激安UGG 正規販売店 UGG 通販アグ ブーツアグ UGG
Posted by: UGG ブーツ at August 14, 2011 12:38 AM (4xZ2k)
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