woah

[rm]

700 points, kids.

Comments

[rm.livejournal.com]

Righto. The real question is where we're going to be in a week. Some peopel are speculating down 2500 by friday.

[6-bleen-7.livejournal.com]

My stomach's got that free-fall feeling until Congress hammers something out. The only good thing—and it really isn't saying much—is that percentage losses work on a logarithmic scale. If the market loses 10% on two consecutive days, the total drop is only 19%, since the second loss is 10% of 90%.