Doesn't anybody want to buy stocks anymore? With about 40 minutes left in the trading day the Dow is down 377 points to 8880. Back when the bailout was first proposed one pundit said if no bailout was done the Dow would drop to 8300. With the bailout we're only 600 points above that.
UPDATE: Another bloodbath. Down 679 to close at 8579. Is there a bottom? The Dow has dropped 5500 points in one year.
Thursday, October 09, 2008
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