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Dow Falls 449
http://money.cnn.com/2008/09/17/markets/markets_newyork/index.htm?cnn=yes ^

Posted on 09/17/2008 2:32:54 PM PDT by wyowolf

NEW YORK (CNNMoney.com) -- Stocks plummeted Wednesday, with the Dow industrials falling 449 points in its second worst session of the year, as the government's emergency rescue of AIG amplified fears about the stability of financial markets.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: djia; dow; economy; housingbubble; stockmarket; stocks; wallstreet
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wow...
1 posted on 09/17/2008 2:32:54 PM PDT by wyowolf
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To: wyowolf

I am sooooooooo screwed.


2 posted on 09/17/2008 2:34:10 PM PDT by GOPJ (Am I the only person tired of bailing out multimillionaires with tax dollars?)
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To: wyowolf

Buying opportunities abound!


3 posted on 09/17/2008 2:35:15 PM PDT by Revolting cat! (Are you ready to pray for Teddy?)
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To: GOPJ

You aren’t the only one......


4 posted on 09/17/2008 2:35:20 PM PDT by Kimmers (Liberalism: Where fun goes to die)
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To: GOPJ

i havent checked my 401k in a few weeks, today is probably not a good day to catch up...


5 posted on 09/17/2008 2:36:20 PM PDT by wyowolf ("we were the winners , cause we didn't know we could fail.")
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To: Revolting cat!

Where have I heard that before? It was around Dow 12,000, I think....

;-)


6 posted on 09/17/2008 2:37:57 PM PDT by dashing doofus (Those who are too smart to engage in politics are punished by being governed by those who are dumber)
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To: wyowolf

It’ll go back up. No need for self defenestration.


7 posted on 09/17/2008 2:38:00 PM PDT by TheWasteLand
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To: wyowolf

Friday will be okay but get ready for Black Monday.


8 posted on 09/17/2008 2:38:58 PM PDT by trumandogz
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To: wyowolf

Don’t check it until it is time to start withdrawing the money (if there is any).


9 posted on 09/17/2008 2:40:07 PM PDT by johniegrad
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To: GOPJ

Heavens, this sucks.

Where are the opportunities?

Obviously, everything got caught up in the panic, but what will rebound?

It’s not house $ anymore...


10 posted on 09/17/2008 2:40:13 PM PDT by Natchez Hawk (Truth: the anti-drug war.)
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To: wyowolf

Folks I am nervous about the health of the financial institutions. If the public looses faith in its banking system, there could be a real melt down. The next few days are going to be crucial. Not good news for the GOP.


11 posted on 09/17/2008 2:41:20 PM PDT by Uncle Hal
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To: wyowolf

12 posted on 09/17/2008 2:41:26 PM PDT by Revolting cat! (Are you ready to pray for Teddy?)
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To: trumandogz

why?? it would be helpful to me if someone could explain what is going on ie big picture... I know Fred and Fannie started this but its confusing...


13 posted on 09/17/2008 2:42:56 PM PDT by wyowolf ("we were the winners , cause we didn't know we could fail.")
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To: Uncle Hal
"Not good news for the GOP.""

The left have a way of always blaming someone else for their mistakes... SAD

14 posted on 09/17/2008 2:43:45 PM PDT by just me (Looks like the MSM moonbats have been infected with rabies..)
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To: GOPJ
Cavuto looks concerned.. now I worry.
15 posted on 09/17/2008 2:44:09 PM PDT by divine_moment_of_facts (If there were no Cowards there could be no Bullies.)
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To: Uncle Hal

i agree this is getting where regular folks are scared... and it does nothing good for McCain...


16 posted on 09/17/2008 2:44:23 PM PDT by wyowolf ("we were the winners , cause we didn't know we could fail.")
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To: wyowolf

The crash of 1987 happened in part due to traders having a weekend after a bad week to contemplate how bad the market really was. On Monday, the bottom fell out.


17 posted on 09/17/2008 2:46:30 PM PDT by trumandogz
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To: wyowolf
To put it in perspective. The Dow hasn't suffered as other indices has.

Come Keep your chin up, it will turn around. Buy monthly while the low and you'll be fine.

Another reason to be happy you don't live in Egypt. Yitbos.

  Asian Market Indices

Index Quote Change Change% YTD Time
New Zealand 3269.93 42.63 1.32% -19.09% 17:31
Australia 4769.70 -30.10 -0.63% -25.72% 16:47
Nikkei 225 11749.79 140.07 1.21% -23.24% 16:00
TOPIX 1121.43 3.86 0.35% -24.01% 15:00
TSE 2nd Sec 2448.90 33.13 1.37% -25.27% 15:00
JASDAQ 52.92 -0.05 -0.09% -26.67% 15:00
Korea 1425.26 37.51 2.70% -24.87% 18:03
Shanghai 1929.05 -57.59 -2.90% -63.34% 15:16
Shanghai A 2025.60 -60.07 -2.88% -63.31% 15:16
Shanghai B 115.29 -9.36 -7.51% -68.49% 15:16
Shenzhen A 587.70 -11.04 -1.84% -61.36% 15:00
Shenzhen B 295.33 -13.26 -4.30% -58.39% 15:00
SHSZ 300 1929.14 -71.52 -3.57% -63.86% 15:00
Hong Kong 17637.19 -663.42 -3.63% -36.59% 16:10
HK CN Ent 8665.15 -571.43 -6.19% -46.26% 16:10
HK Aff Crp 3227.46 -71.15 -2.16% -47.19% 16:10
Taiwan 5800.87 44.28 0.77% -31.80% 13:46
Taiwan OTC 82.94 -1.75 -2.07% -46.31% 13:46
Singapore 2419.29 -42.14 -1.71% -30.53% 17:10
SGX China 81.01 -1.32 -1.60% -66.25% 09/17
Vietnam 437.24 -18.71 -4.10% -52.83% 11:00
Thailand 605.14 -19.42 -3.11% -29.48% 16:59
Philippines 2457.00 35.28 1.46% -32.16% 12:11
Malaysia 1002.99 -9.38 -0.93% -30.59% 17:00
Indonesia 1769.89 34.26 1.97% -35.54% 17:08
India 13262.90 -255.90 -1.89% -34.62% 15:58
Pakistan 6662.67 -4.85 -0.07% -33.11% 11:30
Sri Lanka 2280.25 -40.91 -1.76% -16.24% 14:19
  European Market Indices
Index Quote Change Change% YTD Time
Russia 1058.84 -72.28 -6.39% -53.77% 09/17
London 4912.40 -113.20 -2.25% -23.92% 15:35
Paris 4000.11 -87.29 -2.14% -28.75% 17:10
Frankfurt 5860.98 -104.19 -1.75% -27.35% 18:37
Turkey 32727.57 -1008.78 -2.99% -41.07% 16:06
Hungary 17889.33 -712.73 -3.83% -31.81% 15:36
Austria 2939.20 -138.31 -4.49% -34.87% 16:35
Poland 36431.54 -129.42 -0.35% -34.53% 15:40
Czech 1187.60 20.00 1.71% -34.57% 16:13
Sweden 779.37 -29.54 -3.65% -27.93% 16:45
Finland 7235.47 -290.78 -3.86% -37.62% 17:31
Norway 285.01 -7.65 -2.62% -32.47% 16:25
Greece 2957.92 24.49 0.83% -42.88% 15:54
Italy 20006.00 -455.00 -2.22% -31.96% 16:43
Luxembourg 1567.20 -42.41 -2.63% -35.22% 16:40
Netherlands 356.98 -14.22 -3.83% -30.79% 17:07
Iceland 3801.51 -49.01 -1.27% -39.83% 15:40
Denmark 369.97 -4.28 -1.14% -20.29% 16:21
Switzerland 6654.33 -78.60 -1.17% -21.57% 16:30
Spain 1144.69 -29.54 -2.52% -30.29% 16:41
Portugal 2627.55 -52.84 -1.97% -36.28% 16:08
Ireland 3859.15 -191.04 -4.72% -44.35% 16:10
Israel 847.30 -30.66 -3.49% -30.38% 15:30
Egypt 663.10 17.78 2.75% -99.28% 12:16
S. Africa 22159.95 -671.35 -2.94% -15.58% 16:00
Morocco 24826.93 -1056.65 -4.08% -3.14% 09/16
Jordan 3912.00 123.38 3.26% -47.97% 13:59
UAE Dubai 4044.99 90.69 2.29% -31.81% 13:00
  American Market Indices
Index Quote Change Change% YTD Time
DJ Indu Avg --- --- --- -20.02% 16:30
NASDAQ 2098.85 -109.05 -4.94% -20.87% 17:16
Rus 2000 676.38 -34.27 -4.82% -11.70% 16:59
S&P 500 1156.39 -57.21 -4.71% -21.25% 16:59
Gold & Silver 132.33 10.42 8.55% -23.65% 16:46
DJ PreMetals --- --- --- -23.10% 17:17
Gold GOX 138.27 11.33 8.93% -20.66% 16:49
Gold Bugs 314.33 32.97 11.72% -23.22% 16:52
AMEX Energy 644.50 -16.46 -2.49% -18.89% 16:52
NYSE Energy 11963.93 -325.48 -2.65% -21.72% 17:05
Oil Services 246.43 -8.54 -3.35% -18.30% 16:46
AMEX Oil 1150.73 -22.79 -1.94% -26.22% 16:52
PHLX Semi. 312.07 -4.29 -1.36% -23.52% 16:46
NASDAQ Fin. 2474.34 -177.40 -6.69% -13.71% 17:16
NYSE Finance 5494.98 -442.04 -7.45% -33.80% 17:05
NBI 825.21 -46.09 -5.29% -1.17% 17:16
AMEX BioTec 771.62 -38.48 -4.75% -1.89% 16:52
PHLX Drug 175.82 -4.28 -2.38% -13.28% 16:46
Canada 11877.69 -349.30 -2.86% -14.14% 17:05
Brazil 45908.51 -3320.41 -6.74% -28.12% 17:19
Mexico 23456.84 -1161.31 -4.72% -20.58% 15:06
Argentina 1491.98 -79.80 -5.08% -30.66% 18:02
Chile 2688.85 -71.00 -2.57% -11.89% 13:42
Peru 11177.07 -415.93 -3.59% -36.22% 16:11
Colombia 9009.54 -185.33 -2.02% -15.75% 14:31
Venezuela 39254.12 -121.60 -0.31% 3.56% 15:00
Bermuda 4308.24 -8.74 -0.20% -12.25% 09/16
Jamaica 105146.35 295.57 0.28% -2.61% 13:57

18 posted on 09/17/2008 2:46:30 PM PDT by BGHater (Democracy is the road to socialism.)
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To: wyowolf

Same here. Gotta ride it out. I think 10,000 is bottom.


19 posted on 09/17/2008 2:47:01 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: wyowolf

It would be silly to sell now.. I have to just ride it out.


20 posted on 09/17/2008 2:48:46 PM PDT by divine_moment_of_facts (If there were no Cowards there could be no Bullies.)
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