The stock market is open only 10 minutes and they are already down 142.50...

[Javaman]

not going to be a good day. Black friday anyone?

[bryant69]

1. Maybe they will come back up

I haven't checked my stocks in a few weeks - don't need the headache.

Bryant
Check it out --> http://politicalcomment.blogspot.com

[bullimiami]

2. but but but... it just made its biggest gain of the year. (breathlessly reported recently)

[Renew Deal]

3. Only 142.50?

That's better than I expected. Things are looking up.

[Blackhatjack]

4. When the Fed 'injects' an additional $19bil into the market, that only helps those at the top....

the CNBC host just said they hope that by giving money to those at the top the FEd if hoping it will trickle down to those with real problems at the bottom.

So the solution the Fed is pursuing is we will provide those at the top with even more opportunity to exploit those who really need the help.

SHeesh.

[Squatch]

5. Pre-open jitters.

People need to relax.

[TahitiNut]

6. All the major indices are DOWN ... bears on the streets.

:shrug:

[Dr.Phool]

9. Call Stephen Colbert.

He knows how to handle bears!

[Blackhatjack]

7. ADD 387 drop yesterday to 142 drop this morning = 529 pt drop so far

[Zensea]

8. Get back to me in six months

Not that recent events don't concern me.

[Warpy]

18. That's how I feel about it.

It goes up, it goes down, sometimes it goes way up, sometimes it goes way down.

However, indexed to inflation, it's still a little undervalued.

I'm living on interest and dividends right now, not on the value of the paper, itself.

The real disaster will happen when the credit card companies get a little more nervous about all that unsecured debt out there, debt with nothing to back it up once the trips have been taken and the dental work paid for.

[Blackhatjack]

10. Been watching the streaming ticker and all the numbers are RED ....

The drop is not like a rock, but there are no sectors pulling against the downward trend. If that does not change, there will be a realization that the market as a whole is trending down and selling will pick up quickly.

[OnceUponTimeOnTheNet]

11. Turned on CNBC this morn. Just for the humor aspect. nt

[hatrack]

12. Are they hyperventilating yet?

I just love it when Maria Bartiromo does that! :eyes:

[OnceUponTimeOnTheNet]

13. They started out pretty hyper, seem to calming down now.

Is Maria still w/ CNBC? Haven't watched in quite awhile.

[Blackhatjack]

14. I always get the feeling they lying to our face about what is really going on....

It is a form of financial propaganda that is necessary to keep people from understanding what is really going on --and who is really benefitting from the present circumstances.

Not a word about the Bear Stearns Officials that cashed out at the top when they realized they were about to take a huge hit.

I guess that is ok with them.

[OnceUponTimeOnTheNet]

15. It is pure Propaganda for Wall Street. They lost their reliability during the Enron mess.

At least for me.

[Blackhatjack]

16. They certainly did their part to fleece shareholders and employees of ENRON...

... and gave the ENRON officials time to get out with cash before the crash came.

[OnceUponTimeOnTheNet]

17. I hear ya. Wonder how Cramer's hedge funds are doing today.

LOL. No rate cut for you!

[DS1]

19. OH NOES!

More than one percent!

:scared:

[seemslikeadream]

20. Is that why you are in such a bad mood?

[Blackhatjack]

21. Breaking --Fed Makes SECOND infusion of reserves Today....

The Fed is providing more money to those who will exploit the mortgage companies.

[OnceUponTimeOnTheNet]

22. Is that what they were just yakking about? Wasn't paying attention. A Second one done?

[TahitiNut]

23. Capitalism relies on welfare ... so much for the fiction of 'risk.'

:puke:

[TahitiNut]

24. So, tell me: Will the DJIA break below 13K today??

I find the 'technical' perspective to be fascinating ... numerology. Superstition rules and reason takes a back seat in a corrupted system.

[Blackhatjack]

25. WE are at 13092 right now