Stock market sinks more

Dow is down about 250 with decliners over advancers 2-1. Major losers today include: Countrywide (CFC) an indirect investment in Bank of America assuming the acquisition goes thru. American Express (Dow component), Tiffany (TIF) and Mastercard (MA). Bloomberg TV pointed out that just in the last 3 months retailers & restaurants have been hammered, some down over 50%. While their turnaround may be down the road, some of these values will look good when the market turns.