It's 2008 all over again. S&P downgrades US Govt debt from AAA to AA and market responds w/ 635 (5.5%)drop to close at 10,810 and S&P drops 6.9%. Russell 2000 index drops 8.9%.
NASDAQ down 12.4% over the last 3 days.
Ugly.
CLGX down almost 50% over the past month and over 42% over the last 5 days!
BAC down 20% to close at $6.51.
Buys today:
TEVA $1030@ $38.14 (2.1%).
This purchase will pay $21.59 in dividends over the next 12 months.
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