Boo! Bulls Suffer Pre-Halloween Scare as Dow Sheds 250

Corrections like this one are good for the market and great for day traders

Step up and buy the dips! Happy Halloween!

I love watching this... from another country... Americans are getting punished for their lack of discretion and their total willingness to follow crooked politicians right over the cliff....

I think we're in for a few more dips before we see another spike. I backed out of equities last week. We all made a lot of money back this year. Don't get too greedy.........

Monday will be a bloodbath. Bulls, don't forget to throw a tantrum about how the drop was caused by all the negative posters on Tech Ticker, okay?

Dollar goes up market goes down. People flee to safety making the dollar go up some more. Tell me why this won't snowball.

Bankruptcy doesn't mean going out of business! If the FDIC and other agencies are allowed to do their jobs then a new, healthy, sound bank will emerge from bankruptcy and continue to provide financing to customers. There is no reason why CIT should stop providing financial services through bankruptcy. More scare tactics from Wall St. looking for more bailout money.

I think we're gonna see a few more dips next week.....

Yes, realism might finally be upon us. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010.

Considering that when one looks at the P/E for the whole market, the market is higher than it should be. People are getting a bit too excited about a recovery and are going to be paying the price. It's time for the market to move sideways, while the recovery catches up.

Don't get scared boys and girls. Dow Going to 13,500 next year.Buy all the stocks you can next week. Trust me

400 points of market swing in 2 days, seems like the sharks are feeding on themselves, glad I'm parked. Go congress, senate, house and Obama, print, steal, tell each other sweet lies, if you wern't destroying so many american households, this would be a comedy. Wheel of Obama!

It just seems like something bad is about to happen.

Nice work this week. I wish Aaron and Henry were on more often, they're about ten times as interesting as the goofballs on CNBC.

Most people on these chat boards are rank amateurs or spammers. So to make money just glance at the comments and see if more people are bearish or bullish. Then just do the opposite. Easy :)

Although we have a bear stick sandwich on the charts, Australia is expected to raise interest rates again early next week, and possibly by more than the 25 bp... 50 bp is looking likely. If this happens, it will boost the market again. Bull markets seldom turn around in a hurry, often re-testing the highs for a second refusal. 200 ema (gorilla or trampoline) in play on the S&P weekly and monthly charts.

When dollar and interest rates go up the market goes down.

Gotta give the devil his due - earlier this week, Jim Cramer said "stocks were done for the year" and we'd seen the highs on the averages. At some point, he stopped drinking the kool-aid and woke up to the fact that this "recovery" really isn't and we're in for more tough sledding ahead. Today he was proven right.

STFU POPOY - you are the biggest moron on the planet

High unemployment, fighting two wars, global recession...the USA needs to pull its troops out of Iraq and Afghan in order to have any chance for a steady recovery. Bush/Cheney entered office with a $275Billion surplus and departed with a $1.2 Trillion deficit...and, a projection that we'd only spend 50Billion in Iraq and Afghan -- total. They only missed that estimate by $1.5 Trillion. Time to pull the plug.