Chart: Indices Bobsledding to the Bottom

Words don’t do it justice, so here you are, your moment of markets non-zen. I’m still amazed at the nitwits who thought they had an argument-stopper simply because the markets didn’t fall 1,000 points when the House TARP vote was gaveled.

indices

[Update] We’re seeing a teensy bounce into the close, and are now off a mere 570 points (5.1%) on the Dow.