[gedeon3]

The media is saying the market ‘plunged’ 700 points; there is ‘panic’. Does it have to always go up? And if so, when will it stop going up? Was is always this high? 700 points is less than 10 percent. Why are people acting as if it plunged 80%? Yes, there is reason for concern; but why act as if it died?

[what's up]

Does it have to always go up?

Of course not. It never does.

BUT it was ALREADY down 20% or so for the year as the economy has been struggling. Today it dropped ANOTHER 6-7%.

And since there's not much light on the horizon for future growth since this bill failed it will continue its drop unless something is done.

[Evil Slayer]

I thought Wall Street shut down the trading when the stock numbers dropped a certain amount. Wasn’t it 500 or something. I know they did in the past. Called it a cooling off period or something. They would shut it down when it reached a point and wouldn’t open until the next day for trading. Anyone know about this?

[sam_paine]

You have to go 'all the way' back to 10/1/2003 to see these "depression" levels in the market.