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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (35047)9/11/2001 7:29:39 PM
From: Devin123  Read Replies (2) | Respond to of 37746
 
What you have to realize is that people don't want their money invested in some company. They want dollars or rubels or euros in their HAND... even better, they want gold, which won't weaken through inflation.



To: American Spirit who wrote (35047)9/11/2001 11:24:12 PM
From: velociraptor_  Read Replies (1) | Respond to of 37746
 
Don't know about unwarranted, but they are all in a 3 of 3 of 3 decline in unison...the power of this situation is immense and inevitable.

Nikkei has dipped below the DOW for the first time in 45 years. European markets will get hammered again in the next session as the repurcussions ripple through the financial system. The problem is that a point of no return has been passed where selling begets selling.

Trust me...I am in awe of this myself as I never expected a global meltdown of this proportion. I also would have preferred that it happen without the destruction of thousands of innocent lives as a catalyst.

This is truly a moment when a bear reflects and wishes he wasn't right.