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San Diego Housing Bubble News and Analysis |
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do u understand the word coming out of my mouth (market crash)DJIA INDEX -447.00
User Forum Topic
Submitted by tucker... on October 23, 2008 - 11:25pm
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Nikkei 225 7,649.08 2:00AM ET 811.90 (9.60%)
http://finance.yahoo.com/intlindices?e=asia
this is a red alert (not a drill)
Futures have been doing a lot of early morning switch-a-roos.
http://finance.yahoo.com/intlindices?e=asia
Nikkei 225's all-time low in 25 years of its existence is is 7,603.76.
Last time I saw futures this low the Fed came in with an emergency rate cut. I think it was back in Feb.
Well I tell you what, Glad I did buy a house, a little early maybe but at least I did not stick the money in the Stock market or Gold like that Peter Guy keeps yapping about (you know dollar going to zero stuff etc...).
Or worse Oil futures when the going to 200 crowd was pounding the table…
Good luck to all though ...