The Last Supper.

Wall Street extended its 2008 plunge on this typical Maundy Thursday. A regional Federal Reserve report showed a sharp and unexpected decline in manufacturing activity. Downgrades of key bond insurance companies added to the market's black mood, with investors fearing an escalation of months of credit market problems.The magnitude of the subprime rout and the recurring negative performance of big banking instituitions has caused Dow Jones a bitter pill to swallow.It is now wriggling in The Room of the Last Supper hosted by Merrill Lynch & Co.(http://en.wikipedia.org/wiki/The_Last_Supper)

Other economic reports added to investors' glum mood. The Commerce Department said housing starts plunged 14 percent to 1.01 million in December, marking the weakest pace of home building in more than 16 years. In addition, permits to build new homes dropped 8 percent last month to 1.07 million, the lowest level since 1993.

Tracking the Dow on Thursday,(17/01/08)

Horrible..!!!Horrific...Agonising.I'm hit!!!

Why should they choose this day with the Number Seven again!The crash of 1997 and Flight 77 that crash into the left wing of the Pentagon on September 11.I'll be holding on my position as Friday is the Dow's December'07 index futures & options expiry,that's where they'll bring it up again for a new season of the start of 2008.Currently we are still in December month trading extension.