[Nachum]

Today's drop of 513 points would rank it as the 9th worst day in 20 years.

[ziravan]

Turns out, the markets weren’t worried about the end of borrowing. They were worried about the endless borrowing.

[Nachum]

The Dow’s 50 worst days

http://blogs.marketwatch.com/thetell/2011/08/04/the-dows-50-worst-days/

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[Palladin]

Happy Birthday, Obama.

Thanks for this gift you have given America.

[djf]

The numbers being reported are all over the board.

I don’t trust a single one of them sunnsabitches.

[gaijin]

In the last 3 trading days almost 50% of the stock gains of the past year were erased.

It’s going to be REALLY interesting what happens, tomorrow.

[NavyCanDo]

A lot of fortunes wiped out today. Happy Birthday Obama.

[Mr. Peabody]

Note to self:
Don’t own stocks when President is a communist.

[DeoVindiceSicSemperTyrannis]

[pgkdan]

There goes the old 401(k). Looks like I’m going to have to work until I keel over at my desk.

[DeoVindiceSicSemperTyrannis]

[MeneMeneTekelUpharsin]

First of all, that is only the DOW 30 Industrials for the 513 point drop. Second, what matters is the percentage drop, not the point drop.

All of this is political maneuvering for power grabs and is designed to scare the "little people" into panicking and demanding dramatic, often unwise action. It will probably succeed.

This market is NOT being moved by small investors AT ALL. Almost all of them are on the sidelines. The market now ONLY moves through trades by VERY large players who have an agenda. They are not afraid of what government or anyone else is doing. They merely move the market to get someone's attention (i.e. Either do as we say or we'll create riots for you to deal with). It's really pretty simple.

[South40]

[ZULU]

“Light, sweet crude plunged $5.30, or 5.8%, to $86.63 a barrel. Wholesale RBOB gasoline slumped 19 cents, or 6.6%, to $2.74 a gallon. “

Every cloud has a silver lining, I suppose.

Obama - the Economy Killer.

Those figures are no pomegranates, right Harry Reid?????

[fortheDeclaration]

They will start whispering about another Fed bailout-that will spark the market up.

This market was way overvalued and this correction had to come.

Do people think the market is only suppose to go up?

[blam]

Collapse: “It Will Be Sudden and Very Painful”

[TexasRepublic]

Happy Birthday, Dictator Obama.

[tcrlaf]

VIX is up over 30%...

IMPORTANT NOTE: Investors are fleeing to CASH or Gold, not bonds or treasuries. There are no safe havens left.

Friday’s Unemployment Report is going to be a real killer, and a lot of people know it. Mid-Level retail stocks got killed today.

[Huskrrrr]

Cash me out. See ya!

[napscoordinator]

I hope it keeps going down. Yes I am taking a hit right now but I want to buy more shares and this is an excellent way to do so. I have always purchased when the stock market is down. Some people are so crazy and buy when the stock market is doing well. Never made a bit of sense to me. I pray that is plummets more and more and most people should hope the same thing. It is a buyers market just like housing is. I have been making money like crazy during this time. People never take advantage of down times. They always buy when things are good......I must not understand people's thinking. I think people just get scared. I heard a few people say they were going to sell soon. I said are you freaking insane.....BUY. What am I missing? Certainly nothing in my bank account that is for sure.

[SunTzuWu]

"The mood is pervasively negative," said Peter Kenny, managing director at Knight Capital Group. "It would take quite the imagination to come up with a silver bullet" to re-instill confidence in the economy.

Want a silver bullet? REPEAL OBAMACARE!