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Dow at 8896, down 366. S&P puts GM on Credit Watch Negative.

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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:27 PM
Original message
Dow at 8896, down 366. S&P puts GM on Credit Watch Negative.
The meltdown continues.
:-(
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:29 PM
Response to Original message
1. Sure glad none of this is anything to be concerned about and just a conspiracy...
Edited on Thu Oct-09-08 02:29 PM by dmordue
:sarcasm:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:30 PM
Response to Reply #1
3. You mean it isn't?
:sarcasm:


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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:33 PM
Response to Reply #3
4. Retirement, income, livlihood, housing - all over-rated....
:cry:
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:34 PM
Response to Reply #1
5. It's just a "mental" collapse.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:36 PM
Response to Reply #5
6. Hey that's what I said and I am sticking to it
parroting Phill Gramn
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:29 PM
Response to Original message
2. wow
:hide:
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:37 PM
Response to Original message
7. Also Alcoa - S&P puts on Credit Watch Negative n/t
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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:38 PM
Response to Original message
8. GM
If GM provided either a 50 mpg car like Toyota does, or a plug in electric like GM used to build, I'd buy one. As it is they provide nothing new that I want. That's what they are hurting.
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trof Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:53 PM
Response to Original message
9. My GM preferred is down to $4 from $20 around the first of '08.
I feel like Slim Pickens riding the A-bomb down.
YEEHAAAA!!!!!!!!!!
:nuke:
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blueclown Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-09-08 02:54 PM
Response to Original message
10. The sad part is that we are already down -600 and it isn't even 4:00 yet.
Edited on Thu Oct-09-08 02:55 PM by Barack08
The late sell-offs will take the Dow down even more.
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