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Old 24th October 2008, 07:30 AM
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Good Morning

Welcome to Black Friday.

October 24th 2008. This date is about to become more well known than 9/11.

Tokyo fell nearly 10% on the non-existant US recession. This is a real wake-up call. European market quickly lost more than 5%.
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Old 24th October 2008, 08:36 AM
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Re: Good Morning

Quote:
Originally Posted by Rubber Duck View Post
Welcome to Black Friday.

October 24th 2008. This date is about to become more well known than 9/11.

Tokyo fell nearly 10% on the non-existant US recession. This is a real wake-up call. European market quickly lost more than 5%.
It's all a democrat ploy to ensure that the republicans get the blame and allow BO to win in a landslide, borrow more money from China and then save the world.
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Old 24th October 2008, 09:49 AM
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Re: Good Morning

Quote:
Originally Posted by Wot View Post
It's all a democrat ploy to ensure that the republicans get the blame and allow BO to win in a landslide, borrow more money from China and then save the world.
Is he on the lawn now?
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Old 24th October 2008, 11:53 AM
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Re: Good Morning

Could be the day, they stopped trading S&P futures because they went below the limit.

http://www.bloomberg.com/apps/news?p...Fm8&refer=home
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Old 24th October 2008, 01:59 PM
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Re: Good Morning

My word, it's a blood-bath! :o
(I can't pretend to be too shocked though, as this has been 'on the cards' for some time.. and I think it will get very much worse).

When domains are 're-appraised' though, as they must surely be when this gigantic 'derivatives' con job does finally blow over, then people will start to view them as the real assets that they are - in fact, as a true asset 'class'.

Lots of people will be selling stocks right about now, when of course the smart money will be buying (or perhaps waiting until they drop further).

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