Stock Market Alert! Falling Sharply

[babsbunny]

http://www.msnbc.msn.com/id/3683270/

[madhoosier]

1. Dow Ind. off as much as 513 points

a couple of minutes past 3PM

[madhoosier]

4. Back up to just under 400 points off

[Bluzmann57]

2. That's just friggin great!

If this continues, I may never be able to retire. Thanks bush and co. for ruining dreams of the working stiffs out here.

[swag]

3. Outstanding!

I've got some Roth IRA and 401k money to put to work!

[Rosa Luxemburg]

5. just to add to all our other woes!

[ORDagnabbit]

6. Plunge Protection Team to the rescue!!!! n/t

[shireen]

7. some analysis please?

I don't understand a lot of this economic stuff...

I understand that this is affecting the mutual funds in my retirement account.

I understand the ripple effect around the world since there's been heavy investment in China.

But what else does this mean? Why did the China market have such a big drop? What does this say about our economy?

BTW, Suze Orman will be on Larry King tonight. I love Suze. It will be interesting to hear her comments.

[alstephenson]

11. I heard Suze came out of the closet last week!

Good for her!

[progdonkey]

12. Chinese were scared that the government would actually try to regulate the huge growth...

Chinese stocks slumped 9 percent Tuesday - the worst one-day selloff in a decade - on concerns that the government would interfere to cool the speculation that drove the Shanghai market up nearly 130 percent last year.

Other Asian markets slumped in tandem. European shares also tumbled.

"The selloff demonstrates somewhat starkly the inter-connectedness of stock markets around the world," said Hugh Johnson, chief strategist at ThomasLloyd Global Asset Management.

"Markets can decline in one seemingly isolated part of the world and that decline can be transmitted to other parts of the world through the psychology," he said.

http://money.cnn.com/2007/02/27/markets/markets_0300/index.htm?cnn=yes

[Greyhound]

13. Try the economy forum, there are several really good people over

there that can explain it in as much detail as you like.

First you have to understand that the market is a herd and that herd is driven by two motives, fear and greed, and like a herd, once it gets going in one direction, it tends to keep going in that direction until something turns it.

I started to write it out, but it just keeps growing into more than you probably want to read, so I'll leave you to the economy forum, or you could ask questions. Good luck and don't panic (unless you're retiring this year):evilgrin:

[Stinky The Clown]

8. In the middle of this, good ol' MSNBC went off to cover 'breaking news' ......

.... at the courthouse in South Florida where some Anna Nicole crap is being weighed .......

[JerseygirlCT]

9. Cause you know, if we can't keep up with that critical

breaking news...

When did she ever matter that much? (I know that's hurtful -- she was a human being of course. But just never important as news. Ever.)

[JerseygirlCT]

10. What does this mean about Iran? THAT'S what's got me scared

about this.

[leftcoastpac]

14. dropping market, yippee!!!

Time to buy, cost averaging over time works way,way,way better than any timing method ever invented!!