Looks like stocks are going to tank today.

U.S. stock futures fell early Friday after the previous session’s roaring gains, as investors awaited a key reading on the retail sector and reacted to reports of massive layoffs at Citigroup.

Citigroup (C, Fortune 500) is getting ready to hand out 10,000 pink slips, reported The Wall Street Journal, in addition to the 23,000 jobs that it’s already axed over the past year.

I’m hoping to see a 800 point drop. What about you?

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4 Responses to “

This is going to be exciting

”
  1. 1:14 pm, 14 November, 2008 р.
    Aoi says:

    Won’t even pay attention until we have a four-digit drop or gain. Anything else is just “stochastic noise” in the market’s ongoing “correction”.

  2. 1:20 pm, 14 November, 2008 р.
    Phuck Politics says:

    Where’s the fun in that?

  3. 12:40 am, 15 November, 2008 р.
    The BoBo says:

    I moved all my money in to cash funds, gold, and CD’s – let those assholes up in DC and their rich friends sweat it out. I’m sorry to hear that there might be some regular joes getting ready to lose their jobs so close to the holidays – but – oops! They got in a risky business.

    The BoBos last blog post..The BoBo Carnival of Politics – November 9, 2008 Edition

  4. 1:02 am, 15 November, 2008 р.
    Phuck Politics says:

    @Bobo – Lucky for me I have no money…

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