Who knows if it'll continue dropping or it'll rebound before the close, but I thought It'd be fun to take a screen shot of it's low point so far...
Right now it's the Dow's largest point drop ever (surpassing last Monday's plummet) for a single day of trading, if it remains at these numbers 'till 4:00.
I have a feeling that for some poor bastards on the trading floor of the NYSE, 4:00 seems so very, very far away in what must be an agonizing and harrowing day. Betcha they'll need a drink when it's over.
Hell, I think we all will.
Update 4:07...
Well, pretty admirable comeback...late day rally. Still down quite a bit overall, especially landmark since the total index is below 10,000 now.
I think I'll still get that drink though. ;)
Right now it's the Dow's largest point drop ever (surpassing last Monday's plummet) for a single day of trading, if it remains at these numbers 'till 4:00.
I have a feeling that for some poor bastards on the trading floor of the NYSE, 4:00 seems so very, very far away in what must be an agonizing and harrowing day. Betcha they'll need a drink when it's over.
Hell, I think we all will.
Update 4:07...
Well, pretty admirable comeback...late day rally. Still down quite a bit overall, especially landmark since the total index is below 10,000 now.
I think I'll still get that drink though. ;)