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To: carranza2 who wrote (111511)10/10/2008 8:12:50 AM
From: Bearcatbob  Read Replies (1) | Respond to of 206338
 
The gold price is not showing signs of a financial panic. That may be the canary to watch.

Bob



To: carranza2 who wrote (111511)10/10/2008 8:33:58 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 206338
 
yes, Japan down big as well. however, i think Japan and Europe were largely playing catchup with yesterday's late selloff in US markets. SPX only down 2% premarket. if US markets go down another 800bp from there, Japan and Europe should go down a lot more.