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Not again! - World markets stumbling
mufasa
#1 Posted : Thursday, May 20, 2010 6:48:11 PM
Rank: Member


Joined: 4/15/2008
Posts: 205
S&P 500, nasdaq, european stock markets All of them are down substantially. Suddenly crude oil is down to 65dollars. Governments are stepping in to salvage the markets. Could this be dejavu all over again. Is world markets on a panic attack following a sustained bull run since earlier last year? What about the NSE?
Do it today! Tomorrow is promise to no-one.
BGL
#2 Posted : Thursday, May 20, 2010 7:23:08 PM
Rank: Veteran


Joined: 10/11/2009
Posts: 1,223
The markets will stabilize when the Euro-zone stabilizes-Period.

I think if this cycles of British Airways strikes continue, the airline will not even be able to pay the salaries and may even fold.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
guru267
#3 Posted : Friday, May 21, 2010 8:36:40 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the world markets are falling very substantially on european growth stalling, european debt and financial regulation... most of this is as a result of panic selling which is bound to affect the NSE since there is a huge foreign presence....

but if one bought at around january then i wouoldnt advise selling especially since the fundamentals for a world recovery are firmly in place and this is just widespread panic...

though i would advise that investors stock up on cash because we may be in for a roller coaster after yesterday...

http://money.cnn.com/data/us_markets/
Mark 12:29
Deuteronomy 4:16
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