Dow posts worst week in more than four years

[gristy]

www.usatoday.com/money/markets/2007-03-03-stocks-week_N.htm

For the week, the Dow Jones industrial average fell 4.2%, the S&P 500 lost 4.4% and the Nasdaq fell 5.9%. For the Dow and the S&P 500, it was their biggest weekly point drop since the week ended July 19, 2002. And for the Nasdaq, it was the poorest weekly showing since the week ended Sept. 21, 2001, the first week of trading after the 9/11 terror attacks.

[goforit]

1. US Corp feels a little pain for a change!

[ohio2007]

2. They say it started in Shanghai

So in the future, if China sneezes...will the US come down with the flu?

[uppityperson]

3. but it was only a glitch!

Thanks for the link.

[acmavm]

4. Doesn't it make you want to take all you Social Security money and

invest in Wall Street?

[Supersedeas]

5. the tax breaks for the super wealthy will more than off-set any losses for the Bush base

[plcdude]

6. It's called

taking your profits. The markets are controlled by rich investors and investment companies. When the market reaches certain levels profit taking becomes very attractive and widespread selloff occurs. This is not about the economy. It is all about the buying low and selling high. The individual investor is at the mercy of elite firms and wealthy investors.