Thread: Everybody ready for tomorrow?

I will have this moved to the economy forum later.

All indications say the market will crash TOMORROW, world wide stocks have fallen to unbelievable levels. Han on to your hat and plug your ears this will be a loud crash.

Bloomberg.com: Worldwide

Miserable Monday: Biggest FTSE crash since 9/11 wipes off more than £75bn in shares| News | This is London

DOW Futures predicting -522 open tomorrow

A 1,000 Point Drop On The Dow?


The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of the Iceberg]

man, its gonna be wild!!!!!!!!!!!!!

the only question I have is this:
how big of a drop will it need to be before there is universal realization that indeed there IS a big recession coming, and not just normal 'credit crunching'.

Originally Posted by The_Bear

the only question I have is this:
how big of a drop will it need to be before there is universal realization that indeed there IS a big recession coming, and not just normal 'credit crunching'.

I think everybody already realizes it.

We have been in recession for a long time, I am sick of this. Look they fudge the numbers, they are good at it. Canada's market dropped 600 points today, world markets have drooped huge. After tomorrow the will plummet. I hear that what we have to look forward to is on the scale of the great depression. There will be a run on the banks, Los Angeles experienced that late last year, where was the media???

Better mend fences with your families, that may help ride this out.

Are you being sarcastic or are you actually serious? I seriously doubt that the country/world will fall into a serious reccession TOMORROW.

Originally Posted by michaelr

I will have this moved to the economy forum later.

All indications say the market will crash TOMORROW, world wide stocks have fallen to unbelievable levels. Han on to your hat and plug your ears this will be a loud crash.

Bloomberg.com: Worldwide

Miserable Monday: Biggest FTSE crash since 9/11 wipes off more than £75bn in shares| News | This is London

DOW Futures predicting -522 open tomorrow

A 1,000 Point Drop On The Dow?


The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of the Iceberg]

It's not looking really good to be sure. Luckily I have little to no net worth, so I won't lose a lot.

Seriously, after the European markets went down that far today, tomorrow is not going to be pretty.

I note with glee that Goldman Sachs managed to stick the Chinese with some of that useless sub-prime paper - well done!

Originally Posted by Jason_XJ

Are you being sarcastic or are you actually serious? I seriously doubt that the country/world will fall into a serious reccession TOMORROW.

Really, well then you had better believe this, it might take a few days. Have you looked at the figures?

My advise, get a tight hold on your money.

Originally Posted by nonsqtr

I note with glee that Goldman Sachs managed to stick the Chinese with some of that useless sub-prime paper - well done!

I think they might drop it. Countries have been buying less and less of the stuff. That is one factor they are not telling you.