Posted by SLS on August 4, 2011, at 22:05:40
In reply to Will the markets plummit tomorrow?, posted by linkadge on August 4, 2011, at 21:26:13
> Some are predicting a major crash. I wonder if this will happen tomorrow. Perhaps I should pull my money :)
>
> LinkadgeBy the time the U.S. Congress passed the increase in the debt ceiling, the damage was already done.
Some economic experts consider the recent losses in the NYSE to be a market correction that will reverse itself once someone calls for buy orders. On the other hand, the self-destructive behavior of the House of Representatives has unnecessarily created a bear market as more and more people divest themselves of their stock positions out of a fear of the unknown.
- ScottSome see things as they are and ask why.
I dream of things that never were and ask why not.
poster:SLS
thread:992846
URL: http://www.dr-bob.org/babble/social/20110722/msgs/992849.html