DJIA 0.31% 26,683 dow jones industrials

dow closes down 500 points, page-10

  1. 11,407 Posts.
    I'll be honest...I didn't see the whole sub prime thing coming but did know that world markets were sitting way to high in the bull market times.

    I see it like a pendulum you push.

    Its goes hard one way....then a little less but to the opposite side...then less again to the bullish side...slowing down to some equilibrium.

    In 2 years or so imo....the marekts should be back on track and hopefully nothing excessively bullish...although we all make great money in those times...it creates problems like these....a 186 year old company called Lehman thought to be awesomely strong simply files for bankruptcy.

    Hopefully these situations can be averted down the track by true disclosure of company;s positions..not hyped up tricky financial moves that makes us think they are running the world..then they dissappear the next day.

 
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