DJIA is down 263.09 so far. n/t

[sinkingfeeling]

[BOSSHOG]

1. It may be worth keeping an eye on the market now

Might be a good time to buy in the not too distant future, but keep a close eye and do your homework.

[AX10]

2. There have been much bigger falls than this.

This is a reaction to the reality that the economy is slowing down. A recession is likely later this year and into 2008.

It's about time. There has been no true justification of the market being so high.
It should fall back into the 11K range.

[everythingsxen]

3. how fast is it plunging?

[Demobrat]

4. It's been hitting record highs for weeks.

Sell-off happening right on schedule.

[oldtimecanuk]

9. Yep, a correction was definately long over due... Once the TSE

went over 1300 it was time for a major correction...

ww

[patrice]

5. This is the part where America finds out which of the multi-national

gangs, uhhh. . ., corporations are our real friends and which aren't.

[oldtimecanuk]

6. TSE off by 356 points and falling... eom

[quinnox]

7. way too high

I agree with the previous replies, the market has been very overvalued for awhile now.

[swag]

8. Pretty sweet.

The P/E ratio for the S&P 500 now stands at about 15.3, below the historical average of 15.68 since 1935.

Keep selling, patriots. I like a good bargain.

[Warpy]

10. Down a little more than 2%

'Scuse me if the wolf's not at my door yet.

I suppose those "invest social security in the stock market" folks will keep their traps shut at least for today.

[oldtimecanuk]

11. Yikes, TSE now off 421 points.... eom

ww