@Kenyainvestor - maybe u should ask dstv for a refund. After the London protests back in May due to austerity measures this thing is threatening to tip! Remember in April a lot of discontent was also thrown at the royal wedding... I'm seeing a Tunisia in Europe.
In Asia, HSI is down more than 6% now below 20000 handle (@young hope you got out or playing very defensive - short selling). Kospi outgunning all, down 7% plus!? Definitely Europe will open with sellside pressure.
Eh, NSE will definitely close below 3600 today as spooked foreigners exit. Those still stuck in, hold on tight i.e. those speculators with huge holdings. Trying to sell with anaemic demand will hurt or worse trap you even further down. All my fast trades now cancelled until things cool down...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!