final 7.2pc loss for the day..... nc, page-11

It has been a bad day on top of 11 before it but have a look at any historical chart and you will see that there is always a bottom and in cases of rapid falls generally a rapid bounce. It will happen soon - just look back to HC posts on 16.6.07 (XJO - one day before the bottom)) and you will see similar despair in most of the comments. Hang in a few days and your portfolio will start to recover as the panic stops and the true value in most companies is realised. This is all due to the UNKNOWN of the US recession. If the US fell off the face of the earth (and after the dust settled) would the value of most Aus stocks be down what they are today - I don't think so! - In a few days/weeks we will all be feeling better - hang in there.