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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (429972)10/24/2008 4:20:46 PM
From: tejek  Respond to of 1573539
 
Hedge funds are being forced to sell stock to cash people out.

I know that........that's what's caused the endless selling but leaving that aside for the moment, the markets are not acting normal. In the past, there would be days when some stocks would act independently of the averages going up or down whether the averages were up or down. That no longer happens. All the stocks seem to move together.

And did you watch the close? The market was so manipulated. They did everything they could to keep it from crashing and they mostly succeeded. It did drop 100 pts in the last 3 minutes but compared to what's happening with other markets around the world, it was nothing.

The markets have to calm down....they are overreacting now. I don't think things are as bad as they are painting them.