great, here comes another rate increase. They just raised rates back in july of 07, and at least once again since then. Im sure this will be a great reason to raise them again. And if you live in an area where you have no other option for phone except maybe cable , your stuck with ATT. You cant even get vonage because you need internet connection, and you cant have that without a phone line {unless you want to really get raped and go with cable} So you really have no choice but ATT and they know it. The Monopoly once again, and this time no one will stop them.

This is getting to be a daily occurance...

Figures, Clinton left the economy in such a bad state that George Bush still hasn't pulled it back up. And now that the democrats look like they have a chance at winning the presidency the market is pre-emptively reflecting the poor economy that will return.;)

I get the uneasy feeling these guys trying to salvage our economy are huddled in a bunker.

With hostile forces advancing on the city at rapid speed to collect on debts.

Maybe they can negotiate a surrender deal?

pajeff? pajeff?

Where are all those stock market optimists when we need then most?

Probably out convincing little old ladies to loan 'em their stock.

A few more days like this and the Dow will be back around the point where Bushy took it over.

What was all that about social security funds being dumped onto Wall St?

http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2005/01/11/EDGOQANAEL1.DTL
http://www.impactpress.com/articles/febmar02/socsecurity2302.html

Shit's gonna hit the fan over all of this...
what is the sound of one shoe dropping?

CLUNK.....

The reason the market is falling is lack of buyers. It seems the populace is way ahead of the Wall Street Wisdom. Many held on until Jan 1 just to postpone their taxes after the Santa Claus rally.

At this point what could give the market a reason to rally ? Sure doesn't seem like many of those Wall Street bonuses are going into the market. I see more of the same decline ahead with some buying on oversold positions.

At this point the Hedge Funds and trading desks are competitng against each other for ever smaller crumbs.

Just like 1974.

SELL, MORTIMER, SELL!

Reason du jour.

Can't help it, going to post that on every new story about what causes the Dow to fall.

....But the econmonic fundamentals are strong, Mr. Bush? Buy a clue