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.


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

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  5. The Miracle of Short-Selling and Proxy Votes