Stock market CARNAGE

[UserRemoved1]

YEP i'm not arguing ben :bsod :

[fishpoopoo]

S&P futures hit their bottom limit in overnight trading (-70 points).

Freakin Dow futures were down something nutzo like 650 points overnight.

Fasten your chinstraps, gonna be an interestingly ugly day even with the fed lowering federal fund and discounts rates this morning.

Farkin' Fed = Socialist rescue for Wall Street! (it won't work).

[eastendlu]

Originally Posted by fishpoopoo

S&P futures hit their bottom limit in overnight trading (-70 points).

Freakin Dow futures were down something nutzo like 650 points overnight.

Fasten your chinstraps, gonna be an interestingly ugly day even with the fed lowering federal fund and discounts rates this morning.

Farkin' Fed = Socialist rescue for Wall Street! (it won't work).

Ain't that the truth!!!

[GattaFish]

Originally Posted by fishpoopoo

S&P futures hit their bottom limit in overnight trading (-70 points).

Freakin Dow futures were down something nutzo like 650 points overnight.

The market will eventually reach and test those lows...

[fishpoopoo]

ah, the VIX has spiked over 30 and the plain vanilla equity put-call ratio is showing some modestly bullish signs.

s&p futures are down 20 points right now ... so we may have a little bit left to run down before we have a true (short-lived) bear-market "relief rally."

[Fishpart]

Looks like the landing at IwoJima again today. I hope the Marines can make a comeback.