BLACK FRIDAY - hang on, it's going to be a bumpy ride today, folks!

[Hugabear]

Today could be one for the record books...

[ixion]

1. I've played Black Friday a couple times today

will probably play it a couple more as the day progresses.

[gravity]

I think today is the bottom

[ixion]

5. would be nice if it were

but I don't think it will be. There's still the there's still chaos in the form of CDS's and ARM loans, etc. Until all this crap is worked out of the system, it will continue to be unstable.

[succubus.blues]

6. I hope so!

I can't take much more of this.

[Subdivisions]

7. CNBC already called the bottom. Did you miss it? If you watch

for 2 minutes each day, you'll hear them call the bottom two or three times during that 2 minutes.

[livelongandprosper]

2. Maggie Lake says it's stabilizing a little bit

At -336

:crazy:

[Hugabear]

3. That's why it's going to be a "bumpy" ride - not simply a free-fall

It's like the classic three steps forward, two steps back. There are going to be lots of ups and downs today. But I wouldn't be surprised if we wind up crashing through the "bottom" of 7500 that many have predicted.

[anarch]

4. I won't be surprised either...and I was one of those calling 7500 as the bottom

or somewhere in that range, anyway. Wherever it winds up bottoming out, I think this proves, once again, exactly what "Reagonomics" does to the economy.

[guitar man]

8. Black Friday

http://www.youtube.com/watch?v=q1ZV4Mx7tw8