This is actually worse than it looks. Today the DOW is being calculated without the losses of AIG. Kraft Foods was put into the list of indicators in place of AIg and still the numbers went down. Take a look at the Nasdaq and the S&P 500 for a real look at the market today.
Last week, there were two days of major losses and two days of major gains, with the gains riding on the mere rumor of a bailout. IN the end, the market wound up where it had been the previous week and it cost the US Taxpayers a trillion dollars to keep it there. Now, even with that promised bailout, the market heads down again.
What is the US Government going to do now, add another trillion onto the taxpayers' backs to prop up the economy until the election?
A trillion here and a trillion there and soon you are talking some real money!