Market down 50 pts per minute at the opening

[Stinky The Clown]

The first two minutes were like that dropping elevator ride at the amusement park.

Drrrrroooooooooooooooooooooooooop

Holding pretty steady at that level now, though.

[no_hypocrisy]

1. Guess they aren't taking profits, huh?

[MercutioATC]

9. Not taking profits, minimizing losses.

We're due for an up day. Unfortunately, we're not going to see a quick path to the bottom.

[AngryAmish]

2. Way to go, Bush!

[Skidmore]

3. Wall Street throws another tantrum.

[karynnj]

6. Not really - here's what they are reacting to - the revision of 4th QTR GDP

The numbers were horrible before, but this is a big downwards revision. http://www.nytimes.com/2009/02/28/business/economy/28econ.html?_r=1&hp

The scary thing is remembering that many companies opted to close stores or their entire business "after Christmas" - pre-Christmas is the big sales time of most consumer companies. 1st QTR 2009 results are likely to be negative as well.

[L0oniX]

4. -120 now

[a kennedy]

5. what the h*ll is going on......

I don't watch or listen to any channel that might display or say what it's doing...... :cry: :cry: :cry: :cry: :cry:

[karynnj]

7. You can follow it many places - one is the front page of NYT.com

[a kennedy]

10. yeah, I know, it's just I DON'T want to know.....

but thanks....... :fistbump:

[karynnj]

11. I'm with you there

It is horrifying to see.

[sarcasmo]

8. The Snowball won't end until around the 3000 mark, just my little ole opinion.