When I turned on our Bloomberg this morning and looked at the monitor we have set up for local stocks, I saw something I’d never witnessed before: The sea of red numbers, meaning falling stock prices, was interrupted by only a handful of yellows (unchanged). The screen, with probably 60 or 70 prices, didn’t contain a single green number. Within a few minutes, a couple of unlikely candidates — Furniture Brands and CPI Corp. – had turned up, but the effect was stunning while it lasted.

Speaking of stunning numbers, look at a chart for Rehabcare today. It shows that the shares briefly traded for 1 cent, down from $25.12 yesterday.  It’s obviously a mistake, but a scary one for anyone who owns the stock.