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Dow down 500 -4.4%
Message
From
15/09/2008 17:55:23
 
 
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01347768
Message ID:
01347773
Views:
7
It all depends on what AIG says tonight and tomorrow. If they can stay in business, and convince investors that they can, they things should begin to stabalize. If not, watch out, it'll be another huge loss.

>"The stock market suffered its worst daily plunge in nearly seven years Monday as the bankruptcy of Lehman Brothers Holdings threw the U.S. financial system into an abyss, uncertain where the bottom of its credit-related problems lies."
>
>http://online.wsj.com/article/SB122147619718136043.html?mod=2_1553_leftbox
>
>The DOW closed below 11k for the 2nd time since July. Tomorrow will be important to see if it can recover above this critical line.
Craig Berntson
MCSD, Microsoft .Net MVP, Grape City Community Influencer
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