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.

Related posts:

  1. Moving the Deck Chairs on the Legislative Titanic
  2. House Voting Underway. Failed?
  3. Google: Finding the Bottom. $350? Less?
  4. Millisecond Transactions, the Race to the Trading Bottom, & Wall Street 2.0
  5. The Miracle of Short-Selling and Proxy Votes