US market just hit positive territory, page-6

  1. 2,271 Posts.
    Comments now?

    Down 1600 points in three weeks. Nasdaq at 5 year lows. FTSE bashed, down over 200 points.

    Who do I hear saying our market is not the US market? True boys, but read your history books. When has a crash in the US and European markets not dragged us with it.

    Some interseting comments this morning from Britain. Investors believe the accounting scandels will not be restricted to the US, and why should they? Are Aussie companies all smelling of roses and have not learned to do a little fudging/adjusting? In your wildest dreams!

    Comments from Michael Pascoe:
    "We have came off the biggest bull market in history and many astute investors are now saying it will take the biggest bear market in history to correct it."

    Bomber
 
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