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Monday, August 08, 2011

BREAKING NEWS: Dow Plummets 500 Points, Below 11,000

Stocks are in freefall Monday afternoon, with the Dow Industrials off by more than 500 points and trading well below the 11000 mark. Downside volume on the NYSE is a remarkable 98% as stocks of every variety get crushed.
From Fox News

1 comment:

Tim Chaney said...

Ouch. More 401k retirement fund baby boomers losing their retirement monies.

I pulled out of my 401k about 9 years ago, paid the penalty and moved on. No more riding the roller coaster pulling my hair out.

Lately I've had the urge to pull all my money out of my savings account and bury it somewhere. Too big to fail my rear end.