DJIA Down 250 -- The Market giveth and the Market taketh away --

[Wiregrass Willie]

Praise be the name of the market

[cloudbase]

1. One of these days

the adults will take back control of the trading.

I'm hard pressed to explain a system that so many people have so much faith in that operates so much on rumor.

[truebrit71]

2. No rumour today....they were looking for +110,000 "new jobs" last month...

...instead thay got -4,000....

Amazing how so many economists could ALL be that bloody wrong...

[cloudbase]

7. Yeah, but they'd be bitching if we had full employment

because that would put upward pressure on wages.

[Warpy]

8. Expect that number to be revised a lot farther down

There is no way they can fudge the numbers this time.

[Robbien]

3. Yen is also trading at about $113

CNBC is having a hard time with their cheerleading role. This morning they all sat around looking at each other saying who knew the economy was in such a bad shape.

Pffft.

[nadinbrzezinski]

4. Perhaps them talking heads should ask

average people trying to make it with far less

[Robbien]

6. Ha! They did but then were perplexed when the survey came back

The survey asked whether people thought we were headed for a recession. People responded; Headed? Heck no. We are IN one.

Back then CNBC folk just shook their heads upon receiving the report and said what are those idiots smokin'?

[no_hypocrisy]

5. And aren't you glad * didn't get to implement his Social Security privatization plan

to allow for investment of funds in the market?