VERY BAD day for U.S. stock markets tomorrow?

segajon

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segajon on 21 January 2008

Of course tomorrow will be a bad day for the stock markets. The last month has been basicly nothing but bad days.

iclim4

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iclim4 on 21 January 2008

its time to see the united spirit of US citizens.

will they scramble to sell stocks to save as much money as they can for themselves?
or will they take the bullet and let it ride to soften the blow for the whole country?

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HappySqurriel

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HappySqurriel on 22 January 2008

HappySqurriel said:

The US markets will take a pretty hefty beating tomorow, and this entire week will probably be pretty rough ...

Soon enough the federal reserve will meet again and it is likely that they will (foolishly) cut interest rates by 0.75% or possibly by a full 1.0% after how rapidly everything seems to be falling apart; this will (of course) cause an instant spike in all the markets across the world, and most major currencies will see a massive spike in value in comparison to the American dollar.

I find it surprising that I was both wrong and right at the same time ...

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Forums - General - VERY BAD day for U.S. stock markets tomorrow?

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