Countrywide Financial (CFC) Mortgage mess driving shares back down. Hits $7.51 down from 52-week high of $45.26.

Jefferies Group (JEF) Investment bank says it will have loss. Trades down to $17.10 from 52-week high of $33.80.

JC Penney (JCP) Big retail shares keep falling. Down to $35.43 from 52-week high of $87.18.

ShoreTel (SHOR) Internet switch maker will miss forecasts. Drops to $5.73 from 52-week high of $19.96.

E*Trade (ETFC) Brokerage firm downgrade. Moves down to $2.81 from 52-week high of $26.08.

Douglas A. McIntyre