The Market On Thursday

The article basically reads - the pain continues.

Life is not all about money, it helps that's for sure. We'll all get through this recession. That's for sure as well.

Could this be the day that the DOW at 7500 is "reached." Yes it is, but like every day in the past several months, we hope we are wrong.

Reuters: Stock futures signal more pain

Stock futures pointed to a drop on Thursday, adding to the previous session's plunge, as investors worried about the fate of stricken U.S. carmakers and the specter of a prolonged economic downturn. At 5:33 a.m. EST, S&P 500 futures were down 1.9 percent, Dow Jones futures were down 1.3 percent and Nasdaq 100 futures were down 2.2 percent.

Reuters: Over 100 U.S. "blue chips" now selling for under $10 a share

So far this year, the S&P 500 has plunged 45 percent. It is now worth just over $7 trillion, the index's lowest collective market value in 11 years.

Twenty-five stocks, or five percent of the index, don't make the $1 billion mark in market cap, and just 11 exceed the $100 billion level.