black friday, page-5

  1. 12,414 Posts.
    Agree with you smuggler..

    " The Dow dropped as much as 3.2 percent, before erasing some of its decline after the Treasury secretary's remarks. A benchmark for U.S. stock volatility, the Chicago Board Options Exchange Volatility Index, surged to the highest level in 13 months today. "

    The panic set in over in the states, then recovered becuase of the above comments from Henry Paulson..

    The same thing will happen here.. the people who will get hurt hardest today are the ones who sell at open.. The Australian economy is full steam ahead, and will the resource sector not looking like slowing in the coming years this will be considered a minor blip..
 
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