What keeps the bleeding going on Wall Street and the other markets?

[whistle]

...How are these fluctuations and instability affecting the average American's 401K plans, small retirement plans, bond investments and blue chip stocks? I have no idea of the impact but I'm sure it is negative and I am almost certain that none of the Paulson/Bernancke measures and Bush's daily statements are doing anything at all for the lower 85% of Americans.


Dow Jones Industrial Average
8,806.90 -226.76 / -2.51%

Oct 22 12:22pm ET †
Open: 9,027.84
High (day): 9,027.84
Low (day): 8,622.20
YTD%Change: -33.61%
Volume: 115,659,611.00
Prev. Close: 9,033.66


Oct 22 12:23pm ET † Change %Change Level

Dow -227.08 -2.51% 8,806.58
NASDAQ -26.25 -1.55% 1,670.43
S&P -25.57 -2.68% 929.48

DJ Wilshire 5000 -255.45 -2.65% 9,395.53
Russell 2000 -10.74 -2.02% 519.91
Philadelphia Semiconductor -5.15 -2.20% 228.94
Dow Transports -24.49 -0.65% 3,741.85
Dow Utilities -7.39 -1.99% 363.17
NYSE Composite -236.01 -3.90% 5,815.33
AMEX Composite -48.48 -3.43% 1,365.80
Morningstar Index -73.81 -3.18% 2,249.87


http://money.cnn.com/data/markets/dow/

[RB TexLa]

1. We don't have a right to a bull market.

[Warpy]

2. Equities were hyperinflated during the Clinton years

and every single economic policy of the last miserable 8 years has been geared to propping up that hyperinflation at the expense of the rest of the economy.

Bull markets don't last forever and neither do bear markets. However, this one is likely to go below the floor (variously estimated at 5000-8300) before it starts to go back up and stabilizes at the floor.

Remember, only when the wealthy start to bleed do they allow the reforms the country needs so badly.

[whistle]

3. Another 40% to 50% loss in value....then it never really had the value

...so crooked trading and manipulation has been behind the whole stock bubble and the U.S. economy for several decades then has been nothing but "foam"!

[Warpy]

4. Pretty much, nothing holding it up but hot air, wishful thinking,

and tax cuts for the fattest fat cats in the country.

What started this slide was a run on hedge funds. They dumped equities in order to pay out and that started panic selling. It's just overdue.