There are a lot of posts about the storm to hit the Dow due to recession, record losses, bank collapses etc....
What do you think this has been all about!!
When companies start loosing 70% of SP, it isn't been because noone likes the name anymore, it is all the bad predictions multiplied by 2 and oversold a little more just for good measure.
BHP have their production quotas and prices locked into a contract, they don't care about the resource price drop, but their SP drops 15% in a day. People are idiots
