Now panic?

[javasaurus]

Dow closes down more than 600 points, ending less than 8700. It was at about 14000 one year ago.

GM is at 1950s levels (down more than 30% today).

Cedar Faire (they own Cedar Point, King's Island, King's Dominion, Knottsberry Farm, etc.) is down more than 20% for the day.

Edit: Dow closed down nearly 700 points, ending less than 8600.

Comments

[wilhelmina-d.livejournal.com]

I don't know... I think when Fannie & Freddie started going all wibbly that would have been a good time, but otherwise... I don't know if anyone realized the far-reaching consequences. Still, as javasaurus said, if you have more than 10 years to retirement you're likely to be fine.