The plunge stabilized and bounced back a bit after passing the -700 mark. IMHO it's too early to tell if this is Black Thursday all over again, or just the usual stock market shenanigans, behaving like a flighty horse and "shying" at shadows.
__________________________________ NEWS ALERT from The Wall Street Journal Sept. 29, 2008 The House rejected the $700 billion Wall Street rescue plan, 228-205, in a massive setback for the White House and top lawmakers who worked through the weekend to draft the final legislation. House leaders held open the vote for well beyond the 15-minute time limit, but supporters were unable to convince enough members of either party to switch their votes. The Dow Jones Industrial Average was down around 450 points, after initially plunging 700 points as the final votes were tallied.
