Monday, August 8, 2011

DJIA Plunges 250 Points on Open

*Update- Dow plunging again, now down 300

DJIA drops 250 on the open to 11,193, now down only 150.  Plunge protection team getting some work in today.

No need yet to invoke rule 48, still plenty of time for that folks after S&P downgrades Fannie and Freddie.

-149.86 (-1.31%)
Real-time:   9:40AM EDT