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US markets in Meltdown - again

S&P down 7.5% wow.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You know when things go ridiculous, is that capitulation?
    Matchbox Toy cars (Mattel) 5.2 billion, are now worth more than General Motors 3.8 billion.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • purch
    purch Posts: 9,865 Forumite
    You know when things go ridiculous, is that capitulation?

    Maybe....

    But it's going to have to be one hell of a rebound to confirm the Capitulation.....
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • iamesbo
    iamesbo Posts: 258 Forumite
    The Dow looks like it has fallen off a cliff here:-

    http://markets.ft.com/tearsheets/performance.asp?s=599362
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