Today's doom and gloom headlines:
-S&P loses 9.1%.
-Dow drop more then 700 points.
-2nd biggest DOW drop on record (Biggest was last week).
-Dow down 10 of last 11 days.
-Talk of global recession fears increasing. What? WE have been in a recession for 6 -months!
-Monday's rebound just about gone.
-Grim sales data knocks consumer stocks.
-Retail sales data drops most in 3 years.
-Selling accelerated in final hour.
-Oil drops to $75.
-Exxon plunges 14%, Morgan Stanley loses 16%, Citi drops 13%
The nightmare continues.
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