Sellers in control again, but a burst of buying after 2 PM shook things up — still not a nice day.

Circuit City (CC) prominently on the new lows list. On a semi-related note, read Barry’s recent post about The Hedonism Index if you haven’t already. My wife has long been a fan of favoring the luxury goods makers (as an investor not a consumer, thank god, though she does have a thing for Salvatore Ferragamo). She’s says it’s still “early days” as an investment theme.

This News Corp./Dow Jones thing really shook up all the newspapers: New York Times (NYT), Gannett (GCI), McClatchy (MNI), etc. were all unusually active.