Anybody watching the markets?

**Surfer** · 01-22-2008, 01:09 PM

U.S. is causing a ruckus around the world, just saw this morning India lost 160 billion in US dollars on the Bombay Exchange (equal to about 6 trillion their money) within minutes of opening and Asia market is taking it in the pie-hole.

**CalgaryDetail** · 01-22-2008, 01:24 PM

the tsx was down to its lowest point since 01.
nows the time to buy

**_M_** · 01-22-2008, 01:45 PM

finally oil going down, unfortunately everything else with it.

im buying some pharma stock myself...lots of bargains there especially before earnings come out later this month

**The Skillmaster** · 01-22-2008, 03:48 PM

Markets always go up and down. People invest in them because the go up in the long term. All that anyone can really hope for is that this is just another low point in the cycle and not a sign of things to come.

**Deep Gloss Auto Salon** · 01-22-2008, 03:57 PM

Great time to buy!!

**scottgt** · 01-22-2008, 04:55 PM

im gonna get my bike yayyyyy r6 here i come

**ScottB** · 01-22-2008, 07:06 PM

this is just the beginning .. even the Feds .75 basis point deduction in short term cash rates could not quell one of the worst weeks in stock market history since 911.

**trhland** · 01-22-2008, 07:11 PM

probably means i wont be doing many plantings this year. do too the crap econamy owell. maybe if i lose a few pounds i can start stripping on the side

**Surfer** · 01-22-2008, 07:27 PM

Originally Posted by killrwheels@autogeek

this is just the beginning .. even the Feds .75 basis point deduction in short term cash rates could not quell one of the worst weeks in stock market history since 911.

Fed is doing what they do best, band aids. I swear our country is run by morons, plenty of us called this years ago....did Wallstreet care? Nope, they were to busy guzzling up insane profits and paying bonus/severance packages never seen before. We wouldn't be in this much trouble had they listened to what was being said would happen years ago. I mean seriously a country like ours couldn't foresee what would happen?????

Watch the dollar become worthless. USA doing what it does best, f'ing everyone including us/themselves. I know your in financials as well as I, whats reported on the news isn't 1/4 of whats going on, I don't think many people realize just how bad of a situation we are in. Anybody in financial services knows this is not a normal market fluctuation of ups/downs, we haven't seen the worst to come, people compare it saying oh this happened before with the S&L Crisis....thats not even a comparison, S&L was contained to its sector, this is on a completely different level. We also survive heavily on Commercial paper, and what you rarely hear in the news, is Commercial paper is performing very poorly which is scary.

**supercharged** · 01-23-2008, 04:58 AM

Originally Posted by Surfer

U.S. is causing a ruckus around the world, just saw this morning India lost 160 billion in US dollars on the Bombay Exchange (equal to about 6 trillion their money) within minutes of opening and Asia market is taking it in the pie-hole.

See P.M.