Thursday, May 20, 2010

'Everyone Draw Mohammad Day' - is also 'Everyone sells everything in the stock market day'


I know - ha-ha, here's a smiley, let's call it Muhammad and put a slur on it. Done your good deed today?

Just in case you managed to not notice your shrinking retirement account - everything is melting down again...
Stocks plummet as investor fear spikes
NEW YORK (CNNMoney.com) -- Stocks slumped hard on Thursday, with the major gauges all falling more than 2%, as concerns about the European debt crisis and the plunge in the euro continued to rattle investor confidence.

The Dow Jones industrial average (INDU) fell 302 points, or 2.9%. The Nasdaq (COMP) fell 77 points, or 3.4%, and the S&P 500 (SPX) declined 35 points, or 3.2%.


Breakfast meal for today's traders: Cornflakes - check. Yogurt - check. Short everything - double/triple check.

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