Down down again

Discussion in 'Sharemarket News & Market Analysis' started by Smartypants, 20th Oct, 2007.

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  1. Smartypants

    Smartypants Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    202
    Location:
    NSW
    Well, the dow closed this morning 366 points down.

    Wonder if this will pass on to our market on Monday.

    Thank god for those funds that buy when the market goes down AND happen to be (apparently) carrying a fair bit of cash ;);).

    Some say that October is generally a bit of a turbulent time for the markets.
     
    Smartypants, 20th Oct, 2007
    #1
  2. perky

    perky Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    248
    Location:
    Sydney
    Personally,
    I am glad that the Aussie 200 will be 152 points down (or nearabouts) when the market opens on Monday.
    It needed a bit of a breather (and I shorted it on Monday hoping for the dip) .
    I hope that Wednesday is the bottom, time will tell (as Wednesday morning my Margin lender who is 2 or 3 days behind will still have fridays unit prices):)
     
    perky, 20th Oct, 2007
    #2