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How does "Reputation" work?

I had a reputation of 788 on Stack Overflow; I down-voted a post because it was not answering the question, and abruptly my reputation went to 785. The only reputation activity on my account for today was the -2 on the down-vote. Why did I lose 3 points?

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marked as duplicate by waiwai933, Tim Stone, ChrisF, gnostradamus, Adam Lear Sep 6 '11 at 19:28

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up vote 4 down vote accepted

In addition to the -1 you got from giving the downvote, you received a downvote yourself on this answer.

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is that not recorded in the rep tracker? – Jeremy Holovacs Sep 6 '11 at 19:19
@Jeremy: I can see the -2 on your reputation tab. You should be able to see the -1 from the downvote you gave. – gnostradamus Sep 6 '11 at 19:23
How odd. I see a +10 for someone upvoting me and a -2 for my downvote, and nothing else. – Jeremy Holovacs Sep 6 '11 at 19:26
@Jeremy: The answer you downvoted is now deleted, so the -1 doesn't show up any more. To get your 1 Rep back, you can trigger a Rep recalc. – gnostradamus Sep 6 '11 at 19:27
@gnostradamus It's no fun when you tell us what has happened ;) – Lorem Ipsum Sep 6 '11 at 20:35

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