Yes, after the light-volume "deadcat bounce" on the past Monday Oct 13, the stock market continues its downtrend today. It remains to be seen whether it can hold the low that it established in last Friday Oct 10.
Last Friday that was quite a scene when the market volatility index reached to the new high since the crash in 1987, and the trading volume (Nasdaq, US) reached to the all time high of 4.1 billion shares. Today (Oct 15) US mkt had a bad day just because of the retail sales falls and that should be an "expected" news, just imagine what will happen if an unexpected corporation news happens. More downside to go, fasten your seatbelt. It looks like tomorrow will be a down day, too, because of the eBay issued a downside guidance on the 4th Quarter. On Oct 14, 7:46 am, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> wrote: > Thank you very much. > > (((((Cincy))))) > > I feel more relaxed. > > I do not know what stock markets will do. I am not an expert on that. > But, it is not just how many dollars one thing costs, for example > equities. Because the price of the US dollar also changes for the > regular family, I mean price inflation. > > Well, I think you understand it better than what I am writing > (probably I am messing rather than clearifying). > > LOL > > Peace and best wishes. > > Xi > > On Oct 14, 4:19 pm, CincyBabe <[EMAIL PROTECTED]> wrote: > > > > > Thanks for the reality check, Xi. Last week my husband was profoundly > > depressed because of the market (and because he didn't listen to your > > advice, via me), but I told him to expect worse, and that seems to > > have helped some. > > > I have some cash that I hope to reinvest when the market bottoms out. > > I'm not sure we're there yet. > > > On Oct 14, 10:03 am, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> > > wrote: > > > > The rebound of the stock markets, maybe unfreeze of credit markets, > > > etc. might give the perception that the crisis is over. I post > > > yesterday an interview where the recent Nobel prize, Prof. Krugman, > > > states very clearly that "this is just the begining". > > > > I posted the predctions from the IMF for 2008 and 2009, optimistic as > > > usual. Banks and think tanks are much more pessimistic. > > > > As many economists say, and Nouriel Roubini described clearly on July > > > 6th. 2008, "the coming end game of Bretton Woods 2", we most agree > > > that we are changing the whole financial system. Many among them agree > > > that we are also changing the whole economic model. And US in > > > particular, has to make a third change, its own economic model based > > > on cheap oil and its domestic inbalances in federal budgets, > > > consumption vs. savings, foreign trade, etc. Those changes are are > > > giant efforts that take lot of effort, lot of funds and lot of time. > > > > I mean, this is just the begining. The year of the rat. The tide > > > rises, new waves higher and higher will come soon. Save, try to > > > produce food at home as much as posible, etc. same advise than usual. > > > > Peace and best wishes. > > > > Xi- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
