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captpackratThe US markets were closed today for MLK, but the rest of the world was still trading. And it was an utter slaughter.
The FTSE 100 (UK) down 5.5%, Brussels SE BEL-20 down 5.5%, Amsterdam SE EOE down 6.15%, CAC 40 (France) down 6.8%, Australia All Ordinaries down 7.26%, RTS (Russia) down 7.38%, Hang Seng (Hong Kong) down 8%.
If the US markets open down 5-8%, that'll be a drop of over 600-1000 points on the Dow. Futures contracts are already down about 500 points.
I am not looking forward to tomorrow morning.
The FTSE 100 (UK) down 5.5%, Brussels SE BEL-20 down 5.5%, Amsterdam SE EOE down 6.15%, CAC 40 (France) down 6.8%, Australia All Ordinaries down 7.26%, RTS (Russia) down 7.38%, Hang Seng (Hong Kong) down 8%.
If the US markets open down 5-8%, that'll be a drop of over 600-1000 points on the Dow. Futures contracts are already down about 500 points.
I am not looking forward to tomorrow morning.
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no subject
Date: 2008-01-22 10:14 am (UTC)