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To: Micawber who wrote (66439)10/7/2008 3:53:31 PM
From: Dale BakerRespond to of 118717
 
Closing the markets is just the last admission that all confidence is gone in the financial system. It doesn't solve anything fundamental.



To: Micawber who wrote (66439)10/7/2008 3:55:55 PM
From: cink40Respond to of 118717
 
Russia tried that and look at their index....



To: Micawber who wrote (66439)10/7/2008 4:48:58 PM
From: gladmanRespond to of 118717
 
your prior post was spot on, selling is orderly so no reason to shut down the markets. when selling gets disorderly trading curbs will kick in.

DOW should be worth 5000 based on the current state of the credit markets.


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