Thursday, May 20, 2010

DJI - Ow, Ow, OW!

This looks almost like an elevation cross-section of New Mexico's Sandia Mountains, as seen from the north....

The newspapers report:
The stock market had its worst day in more than year Thursday, with the Dow industrials tumbling 376 points, as worries intensified that Europe's debt problems could jeopardize the global economic recovery.

Preliminary closing numbers showed the Dow dropped 3.6%, while the broader Standard & Poor's 500 index lost 3.9% and the Nasdaq composite plunged 4.1%. All three indexes are off more than 10% from their late-April highs, satisfying the conventional definition of a stock market "correction."

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