Who else is glued to the DOW?

[slow99]

Oh well. Just means I'm buying more with the money I'm shoveling into my 401k. Hell, I should probably up my contribution rate..

The tax incentive alone basically makes that a no-brainer.

[Broncojohnny]

Uncle Ben needs to drop money from a helicopter PRONTO!

Oh well. Just means I'm buying more with the money I'm shoveling into my 401k. Hell, I should probably up my contribution rate..

[Broncojohnny]

Futures already down another 3/4 of a point. Tomorrow will probably be another sell off.

[AdamLX]

I'm trying to figure this out. I know the overall market lost value, but how the fuck did they come to that figure?

And $2.9 trillion since July 22.

[slow99]

I'm trying to figure this out. I know the overall market lost value, but how the fuck did they come to that figure?

S and P is xx% of the US market cap, S and P lost x$ today. Or, just approximate it with market cap of the wilshire 5k or russell 3k.

[Frank]

BOA may have gone down due to this announcement too.

AIG sues Bank of America for $10 billion over mortgages

http://www.usatoday.com/money/industries/banking/2011-08-08-bank-of-america-lawsuit_n.htm?csp=34money&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+UsatodaycomMoney-TopStories+%28Money+-+Top+Stories%29&utm_content=My+Yahoo

[slow06]

Boy that Muslim in charge can really tank a market by opening his mouth! Kind of like the Casino's use, they Call them "Coolers" I believe!

Barrack "The Cooler" Obama

Did somebody say "Cooler"?

[Zfan]

Boy that Muslim in charge can really tank a market by opening his mouth! Kind of like the Casino's use, they Call them "Coolers" I believe!

Barrack "The Cooler" Obama

[347Mike]

So if this happens 14 or so more times we should be debt free, right?

[Denny]

Denny, I am just an idiot with a little bit of jingling jingling, so I ask this for discussion purposes.

If we lost a trillion on paper after a 630 point drop of the DOW, roughly 5.5% of the DOWs total; what was the most the DOW has ever gone up in history in one day?

If they can fuck things up this badly to domino us into loosing $1trillion in a single day, albeit on paper, you would think they could figure out a way to flip their strategy to send the DOW the other direction.

I'm trying to figure this out. I know the overall market lost value, but how the fuck did they come to that figure?

[8mpg]

Officially over one trillion lost in paper - CNN

holy shit

[KBScobravert]

Officially over one trillion lost in paper - CNN

Denny, I am just an idiot with a little bit of jingling jingling, so I ask this for discussion purposes.

If we lost a trillion on paper after a 630 point drop of the DOW, roughly 5.5% of the DOWs total; what was the most the DOW has ever gone up in history in one day?

If they can fuck things up this badly to domino us into loosing $1trillion in a single day, albeit on paper, you would think they could figure out a way to flip their strategy to send the DOW the other direction.

[Denny]

Officially over one trillion lost in paper - CNN

[Slowhand]

Having cash to spare and an empty portfolio makes days like this a lot of fun.