Friday, October 10, 2008

WALL STREET IS LAYING A BIG EGG

... every freaking day this week, it seems.

The Dow went down to just over 8,000 today and we've seen 500-point losses seemingly every day this week. Commodities are also taking a hit. Question is whether we have hit the bottom of the market yet.

Live continuing coverage over at http://www.cnbc.com/. Also at http://www.wsj.com/. Also, try to avoid getting flattened by a banker or broker jumping from a window today. Life is bad on the Street. And that's all for right now.

UPDATE: Well, it looks like Wall Street recovered a lot of lost ground at the end of the day upon news of a big G7 summit meeting to try and solve this credit crisis. Still, this turbulence is too much for people to take.

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