Martis
Have you relayed your important information to the Chinese government yet? They need to know so they can sell out from all the shares they have been accummulating worldwide.
Once the crash happens the world will stop and you, and only you, will be able to buy up all the assets with all your spare cash.
More seriously, a sharemarket meltdown will happen if, and only if, there is a massive contraction in liquidily. The Bernanke put is being played out in the USA to support their financial system. while in Europe central banks have been supporting their banks (eg UK government bailout of Northern Rock).
Our economy depends far more on the Asian region and as long as they keep buying our minerals we will be fine. In fact our economy is overheating and needs to slow down (hence the interest rate hikes here). A fall in the DOW from an expected recession there will have some short term impact here, but so what. Things may get more interesting next year (March/April) when US sub-prime loans have a peak in the number of mortgages with reseting of interest rates. The other question is what impact (if any) stems from a fall in asset values in the US in respect of the trillions of derivatives held by the financial system worldwide.
Sleep tight martis, all is well (for now).
loki
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Last
$64.41 |
Change
1.000(1.58%) |
Mkt cap ! $12.48B |
Open | High | Low | Value | Volume |
$63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18000 | $64.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$64.43 | 629 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 63.950 |
1 | 12 | 63.400 |
1 | 40 | 62.960 |
1 | 175 | 62.950 |
2 | 100 | 62.870 |
Price($) | Vol. | No. |
---|---|---|
64.430 | 629 | 1 |
64.490 | 171 | 1 |
64.500 | 8566 | 5 |
64.650 | 154 | 1 |
64.700 | 246 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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