Monday, January 21, 2008

Guess What Will Be On Auto-Refresh On My Browser Tuesday

Asia Markets Tumble on US Worries

"Dow Jones industrial average futures were down 436 points, or 3.6 percent, at 11,670, while Standard & Poor's 500 futures were down 57.1 points, or 4.3 percent, at 1,268."

2 comments:

PaulBuckley14059 said...

Fear is always a great motivator.

There is the possibility that the U.S. markets will blow off the global fears and rebound as savvy market managers buy low. If that happens, expect to see the U.S. markets shore up the global market space tomorrow. Rally time?

[As of 1:30 PM it appears that the U.S. markets are staging a bit of a rally from this morning's tanking. I wonder what the next 3 hours will bring?].

BBD

PaulBuckley14059 said...

[Follow up at 4:45 PM].

Down 128 for the day. Not all that extraordinary. Let's hope that we don't see a month of 100-point declines, and maybe we'll weather this storm without too much pain.

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