Overseas markets are again well down.
If the Dow follows suit and drops around 1% we could see some more panic selling here on Friday to get out before the Dow falls on Friday night!
Particularly if resource stocks continue to be hit hard tonight.
Some sellers are saying that oil is finished, that demand for base metals is going to slow down, that precious metals are no good - and they are sayng it by getting out at any price.
- Forums
- ASX - General
- ** panic friday **
** panic friday **
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated