And down goes Frazier: DOW closes down 371

Markets tried to rally back 3 times, DOW down for the count-we need an honest ref to call the fight over and stop the global bailout blitz…

DOW closes down 377 to 10,066.80

NAS down 94 to 2204

S&P broke another level down 43 to 1071

My Mastercard purchase from last week was one of like 3 stocks that stayed positive in the S & P today, sell in May, go away baby.

Rick Santelli points out we had climbed back to down 192 when the headline crossed that FINREG passed cloture and would pass tonight, we then tanked 200 points.

ZERO confidence in the Critters.

May 20, 2010. Tags: , , , , , , , , . Economy, Finance, Obama Administration, Politics, Taxes, Unemployment Statistics, Wall St.

Leave a Comment

Be the first to comment!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Trackback URI

Follow

Get every new post delivered to your Inbox.