CHESSNOID

I guess the main news driving the stock markets today is the threat of a deepening recession.  I don’t even think the 3 stooges Bush, Bernanke, and Paulson know that the US is in a recession. We all have heard comparisons being made of this time to that time of the Great Depression.  A year [...]

The market is hovering about 2-4% in the red. Of course, that could change in the last hour and all the indexes could be up 2-4% in the black.

Dow

8,730.04
-303.62
(-3.36%)

Nasdaq

1,660.39
-36.29
(-2.14%)

S&P 500

923.66
-31.39
(-3.29%)

I don’t know if these are technical levels or just psychological floors for the numbers. We already went below 8,000 on the DOW just a [...]