[TWilliam]

Why do I get the feeling this headline's going to be getting recycled a lot in the coming weeks... Dow plunges 679 to fall to lowest level in 5 years$this->bbcode_second_pass_quote('', '
')NEW YORK (AP) — Stocks plunged Thursday, sending the Dow Jones industrial average down 679 points — more than 7 percent — to its lowest level in five years. Stocks took a nosedive after a major credit-rating agency said it might cut its rating on General Motors and Ford, further rattling investors already fretting over the impact of tight credit on the economy.

The Standard & Poor's 500 index also fell more than 7 percent.

The declines came on the one-year anniversary of the closing highs of the Dow and the S&P. The Dow has lost 5,585 points, or 39.4 percent, since closing at 14,164.53 on Oct. 9, 2007. It's the worst run for the Dow since the nearly two-year bear market that ended in December 1974 when the Dow lost 45 percent. The S&P 500, meanwhile, is off 655 points, or 41.9 percent, since recording its high of 1,565.15.

U.S. stock market paper losses totaled $872 billion Thursday and the value of shares over all has tumbled a stunning $8.33 trillion since last year's high. That's based on figures measured by the Dow Jones Wilshire 5000 Composite Index, which tracks 5,000 U.S.-based companies' stocks and represents almost all stocks traded in America.

[yesplease]

$this->bbcode_second_pass_quote('TWilliam', 'T')he DOW has dropped nearly as much in ONE year as it did in TWO years during the '73-'74 bear...

[Roccland]

To the Bunkers! Mike Whitney....he must read my posts...

[Newfie]

$this->bbcode_second_pass_quote('doomlover666', 'I')t is a truly blessed day, with the market taking a huge dump. I finally get to see the baby boomers eat their sh*t pie they created. Their retirement accounts down, their home values down, god thank you so much for this day.

[AlCzervik]

$this->bbcode_second_pass_quote('doomlover666', 'I')t is a truly blessed day, with the market taking a huge dump. I finally get to see the baby boomers eat their sh*t pie they created. Their retirement accounts down, their home values down, god thank you so much for this day.

[doomlover666]

The reason why they were called hippie's and flower children, is because they were a bunch of spoiled little bit*hes who were hopped up on drugs in the 60's. Then in the 70's when they run out of daddy's money, they sold out on the idea of love and peace, got a divorce and became the selfish consuming dirtballs we know today. Oh by the way my parents rock, I would take a bullet for them. I would be a little pissed, but I would take it.

[Cid_Yama]

Right on, Newfie.

But at least we had critical thinking skills and weren't faced with the end of the world.

Most of their generation won't stand a chance. Those that survive will grow from the experience.

[Newfie]

$this->bbcode_second_pass_quote('Cid_Yama', 'R')ight on, Newfie. But at least we had critical thinking skills and weren't faced with the end of the world. Most of their generation won't stand a chance. Those that survive will grow from the experience.

[manu]

It's all coming down in the next two months. Have a Happy New Year!

[Narz]

$this->bbcode_second_pass_quote('manu', 'I')t's all coming down in the next two months. Have a Happy New Year!

[manu]

$this->bbcode_second_pass_quote('Narz', '')$this->bbcode_second_pass_quote('manu', 'I')t's all coming down in the next two months. Have a Happy New Year!

[Narz]

$this->bbcode_second_pass_quote('manu', '')$this->bbcode_second_pass_quote('Narz', '')$this->bbcode_second_pass_quote('manu', 'I')t's all coming down in the next two months. Have a Happy New Year!

[yesplease]

Look, if people just keep on repeating the world is gonna end tomorrow, they'll be right sooner or later.

[copious.abundance]

$this->bbcode_second_pass_quote('roccman', 'R')eally folks... Read these two pages on AIG: TF Now you understand why I said your FICO means squat...and you should buy food.

For all you morally superior fvcks who think a 750 is going to do you any good, Write it on the back of a match book - grab your last loaf of bread and smugly enjoy your own personal fade to black.

[Armageddon]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('roccman', 'R')eally folks... Read these two pages on AIG: TF Now you understand why I said your FICO means squat...and you should buy food.

For all you morally superior fvcks who think a 750 is going to do you any good, Write it on the back of a match book - grab your last loaf of bread and smugly enjoy your own personal fade to black.

[copious.abundance]

Yes, we all know the economy is getting bad. But rocc told us to stock up on food - and yet, there is still plenty of bread on the shelves at the supermarket.

[smallpoxgirl]

Poor rocc. He's probably going to get bored and lonely and come out of his bunker just about the time things get bad.

[dinopello]

$this->bbcode_second_pass_quote('smallpoxgirl', 'P')oor rocc. He's probably going to get bored and lonely and come out of his bunker just about the time things get bad.

[Ferretlover]

$this->bbcode_second_pass_quote('smallpoxgirl', 'P')oor rocc. He's probably going to get bored and lonely and come out of his bunker just about the time things get bad.

[Armageddon]

$this->bbcode_second_pass_quote('smallpoxgirl', 'P')oor rocc. He's probably going to get bored and lonely and come out of his bunker just about the time things get bad.