Dow decided to fall to 0. The end of the world is near. Let's repent or party. Look like shit is hitting the fan.
Uncle Ben called an emergency meeting and cut rates to whatever percentage he deems appropriate, which is usually considered not enough or too late by the Wall Street type. Later on the day, Dow recuperated some early loss and ended the Bloody Monday at [fill in]. What a shitty trading day.
Wall Street darling Apple is going to announce its last quarter results after the bell, let's see if Steve can save the market by selling more pretty up cellphones and mp3 players. If he does, may be Uncle Ben may let Uncle Steve run the Fed.
UPDATE: Apple did well selling mp3 players to the fashionable and gullible but falls short on next quarter's forecast leading to afterhour sell off. Price dropped $17.15 to $138.49. Ouch. With impending iPhone2 and Asia's official launch, Apple should have something to spin in the coming quarter. But with Google fast closing in on the cell market, look like there is going to be some serious battle for Apple. I don't know what I am talking about.
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