Say a Prayer for the Stock Market

From CNN.com:

“A wave of anxiety about a global recession was set to reach the United States at Friday’s Wall Street open, with limits imposed on futures trading after they fell more than 6%”….

…”Futures trading limits were imposed before 7 a.m. ET, when Dow Jones industrial average futures were down 548 points.”…

…”Today might be the day where everybody throws in the towel,” said Peter Cardillo, chief market economist for Avalon Partners. “People are saying ‘I’ve had it, I can’t take it anymore, I’m selling everything.'”….

www.cnn.com

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