US Stock Market...

Vegas
By Vegas

Looks like its gonna crash today...
In just 30 minutes we will see...
Bye bye money...
:(

By jauntie• 22 Jan 2008 21:11
jauntie

I'm not too up on it either! :/

By Vegas• 22 Jan 2008 20:33
Vegas

WOW

What a roller coaster day...

Looks like the rate cut saved the day...

Long week ahead...

You can't teach experience...

By stealth• 22 Jan 2008 19:45
stealth

now that they have cut the rates it could effect the other currencies

By femme• 22 Jan 2008 19:35
femme

So, that's what they're talking about in BBC today.I know nothing about money market, my only concern is how the US dollar is going to fare as it affects my country's currency as well. So if you have time jauntie, could you answer me this at least, this stock market thingy, does it have a great impact on the value of the dollar? Pardon the ignorance, I'm more science-oriented :)

By jauntie• 22 Jan 2008 19:17
jauntie

taking a random spread of one or two things I bought yonks ago, if I were to sell them today, this is the answer as to what they were worth this morning in UK:

Stock Exchange: LSE

United Utilities (-5.01%)

Vodafone Group(-4.54%)

lots of dosh lost if I had owned thousands of pounds of each (which I don't! phew)

By femme• 22 Jan 2008 19:04
femme

I did not understand any of that. Moving along...

By Vegas• 22 Jan 2008 19:02
Vegas

Looks like the rate cut helped...

Was 450 down

Now back to -59

Gonna be a long day

You can't teach experience...

By jauntie• 22 Jan 2008 18:41
jauntie

:o)

I SO remember the black monday in 1989!

yep looks like recession could hit us all, unless ...... lessons have been learned. I don't have much by way of stock but what little I have went down 5% over night.

By Vegas• 22 Jan 2008 17:32
Vegas

Down 350 at the open

You can't teach experience...

By Vegas• 22 Jan 2008 17:02
Vegas

FED just cut rate 3/4%

WOW

You can't teach experience...

By Vegas• 22 Jan 2008 16:54
Vegas

Yes...

And US had holiday yesterday and could only watch

So curious as what will happen today...

I been in money markets since May waiting for this to happen...

I can't believe it took so long...

You can't teach experience...

By anonymous• 22 Jan 2008 16:46
Rating: 4/5
anonymous

Not just the US Stock Market - look at the European market- some of them gone down 20-30 percent since new year.

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