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View Full Version : Asian markets down; another -5% day for the DOW?




ghengis86
11-06-2008, 09:20 PM
Nikkei: -4%
Hang Seng: -1.5%

the Dow has lost ~10% in two days. do you think no that the election is over, people are actually analyzing the economic situation in greater detail? There have been nothing but awful labor and financial reports in the past few weeks, yet no real market collapse; even a few big rally days. What's going on?

Dorfsmith
11-06-2008, 09:22 PM
Futures are up for the moment. We might get a little bump tomorrow.

I think people are in denial about how bad things really are and there are a lot of bargain hunters trying to find deals. Volume is light.

Arklatex
11-06-2008, 09:29 PM
The tail doesn't wag the dog usually.