Dow tanking at the open; no wonder they cut off Palin's speech

[MaineDem]

-390 right now. But many stocks aren't even open yet.

This is not going to be a good day. No wonder they cut Palin's speech on MSNBC.

[matchstick]

1. MY goodness, could it drop under 8000 points, that a recession number!!!!

[CoffeeCat]

2. 445 now...

Palin is such an ass.

She rambles on and on about nothing, while we're in financial meltdown. That stupid speech
was only a PR stunt to deflect from her deposition today.

"I can't be all that bad...I love special needs kids."

Does the McPalin camp have any grasp on reality--beyond the end of their own noses, I mean?

[godai]

3. NASDAC opens with full impact of futures...down 6%.

But, they are alreasdy indicating that everything is 'off their lows'. Not long before we hear about bargains and buying opportunities....again.

[godai]

4. CNBC: Buying opportunity. How many times have I heard that recently? n/t

[RUMMYisFROSTED]

7. Better question: Have you EVER heard them say "Sell?"

:think:

[K Gardner]

5. I'm sitting here watching my Scottrade "ticker" and it is simply STUNNING.

[Bill219]

6. Here is a good explanation about when the circuit breakers kick in

http://www.cnbc.com/id/27358270

"The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt.

If that decline is reached before 2 p.m., the market will shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops would take place if the plunge occurs after 2:30 p.m.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time. "

more info at the link