As it played out, the DOW spiraled uncontrollably lower dropping below 8600 by the time the closing bell rang today. The ongoing fall of the stock market is hereinafter referred to as the 'Crash of 2008'. (read more) http://www.millennium-tra.../news/newscommentary.aspx

Economic data released today:

Jobless Claims: U.S. Jobless Claims fell 20K to 478K for week of October 4 compared to survey of a drop by 22K; U.S. Continuing Claims for week of September 27 rose by 56K to 3,659,000; U.S. Jobless Claims for week of September 27 revised to 498K from 497K; Hurricanes added 17K to U.S. Jobless Claims.

Wholesale Trade: U.S. August Wholesale Inventories rose 0.8% compared to expectations of an increase by .; Expected 0.5%.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price: DOW (Dow Jones Industrial Average) triple digit loss of 678.91 points on the day to end the trading session at 8,579.19 NYSE (New York Stock Exchange) triple digit loss of 496.36 points to end the trading session at 5,809.96 National Association of Securities Dealers Automated Quotations (NASDAQ) loss of 79.35 points to end the trading session at 1,660.98 S&P 500 loss of 75.02 points to end the trading session at 909.92 FTSE All-World excluding U.S. loss of 6.25 points to end the trading session at 156.19 FTSE RAFI 1000 triple digit loss of 306.53 points to end the trading session at 3,553.18 BEL 20 (BEL20) loss of 83.07 points to end the trading session at 2,240.88 CAC 40 (CAC40) loss of 54.19 points to end the trading session at 3,442.70 FTSE100 (UKX100) loss of 52.89 points to end the trading session at 4,313.80 NIKKEI 225 (NIK/O) no trading today - triple digit loss of 952.58 points to end the trading session at 9,203.32

New York Stock Exchange (NYSE) stock market indicators for the day: Advanced stock prices 297 declined stock prices 2,959; unchanged stock prices 44; stock prices hitting new highs n/a and stock prices hitting new lows n/a. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Brookdale Senior Living Incorporated (NYSE: BKD) stock price shed 5.57 points on the trading session, high on the trading session $17.60, low on the trading session $11.23 with a closing stock price at $11.93; Alpha Natural Resources Incorporated (NYSE: ANR) stock price shed 4.62 points on the trading session, high on the trading session $43.52, low on the trading session $33.77 with a closing stock price at $35.00; Goldman Sachs Group Incorporated (NYSE: GS) stock price shed 11.65 points on the trading session, high on the trading session $118.94, low on the trading session $100.00 with a closing stock price at $101.35; Brown Shoe Company Incorporated (NYSE: BWS) stock price shed 2.21 points on the trading session, high on the trading session $12.54, low on the trading session $10.25 with a closing stock price at $10.61; Eastman Chemical Company (NYSE: EMN) stock price gained 0.02 points on the trading session, high on the trading session $46.78, low on the trading session $42.42 with a closing stock price at $42.77; Advanced Medical Optics Incorporated (NYSE: EYE) stock price shed 4.08 points on the trading session, high on the trading session $12.90, low on the trading session $9.26 with a closing stock price at $9.61; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 5.75 points on the trading session, high on the trading session $92.85, low on the trading session $90.06 with a closing stock price at $92.85; Ultrashort Financial Corporation (NYSE: SKF) stock price gained 31.49 points on the trading session, high on the trading session $184.00, low on the trading session $138.75 with a closing stock price at $181.49; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 1.48 points on the trading session, high on the trading session $67.83, low on the trading session $54.16 with a closing stock price at $55.83; XL Capital Limited (NYSE: XL) stock price shed 4.67 points on the trading session, high on the trading session $8.99, low on the trading session $3.45 with a closing stock price at $4.01; CME Group Incorporated (NYSE: CME) stock price shed 42.49 points on the trading session, high on the trading session $421.00, low on the trading session $338.66 with a closing stock price at $363.15; ProShares UltraShort MidCap400 (NYSE: MZZ) stock price gained 13.40 points on the trading session, high on the trading session $111.03, low on the trading session $91.91 with a closing stock price at $109.90.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today: Advanced stock prices 515; declined stock prices 2,480; unchanged stock prices 80; stock prices hitting new highs 3; stock prices hitting new lows 1,030. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Google Incorporated (NasdaqGS: GOOG) stock price shed 10.11 points on the trading session, high on the trading session $348.56, low on the trading session $321.67 with a closing stock price at $328.00; Baidu.com Incorporated (NasdaqGS: BIDU) stock price shed 7.11 points on the trading session, high on the trading session $224.00, low on the trading session $201.61 with a closing stock price at $206.20; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 10.43 points on the trading session, high on the trading session $139.91, low on the trading session $115.71 with a closing stock price at $117.00; Omrix Biopharmaceuticals Incorporated (NasdaqGS: OMRI) stock price shed 4.50 points on the trading session, high on the trading session $18.29, low on the trading session $10.87 with a closing stock price at $13.30; Henry Schein Incorporated (NasdaqGS: HSIC) stock price shed 3.11 points on the trading session, high on the trading session $49.74, low on the trading session $45.02 with a closing stock price at $45.94.