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Old 08-17-2007, 05:59 AM   #1
Damian_Maxcash
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Panic over - UK market up about 200 points in 30 mins

Is the Dow open yet?

Could be worth a few dollars to somebody......
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Old 08-17-2007, 06:29 AM   #2
Sarah_Jayne
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Fewer people on suicide watch today on the financial programs.
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Old 08-17-2007, 06:32 AM   #3
Damian_Maxcash
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Fewer people on suicide watch today on the financial programs.

lol - they are unlocking the windows as we speak....
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Old 08-17-2007, 06:33 AM   #4
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This is still very far from over......mark my words
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Old 08-17-2007, 06:36 AM   #5
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Nice move by the fed.
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Old 08-17-2007, 06:37 AM   #6
yahoo-xxx-girls.com
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The Canadian markets are not doing so well today.

.
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Old 08-17-2007, 06:37 AM   #7
Damian_Maxcash
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This is still very far from over......mark my words
I'm not a financial wiz - but it does seem like a knee jerk reaction to the fed lowering its rate - and only to institutions - it wont filter down to Joe Average and as far as I can see its the 'sub prime' borrowing that is the issue.

Last edited by Damian_Maxcash; 08-17-2007 at 06:39 AM..
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Old 08-17-2007, 06:39 AM   #8
Trax
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wow
european markets took QUITE a jump
heavy shit
didn't see that one coming to be quite honest
i mean..who could forsee the fed decreasing the discount rate today
nice
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Old 08-17-2007, 06:43 AM   #9
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the only crappy thing is the euro got stronger .6 against the dollar
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Old 08-17-2007, 07:01 AM   #10
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Old 08-17-2007, 07:27 AM   #11
Damian_Maxcash
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Dow up 201 - Just in case anyone is interested.
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Old 08-17-2007, 07:31 AM   #12
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Good for them..
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Old 08-17-2007, 07:33 AM   #13
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The Real got stronger against the Dollar too. 3% today.

All markets seem to be up now.

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Old 08-17-2007, 07:39 AM   #14
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all they did long term was increase the rate of inflation.. yay
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Old 08-17-2007, 07:49 AM   #15
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soon enough a cup of coffee will be $10
and that will be considered cheap
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Old 08-17-2007, 07:59 AM   #16
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uh, the dow shrugged off europe yesterday.
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Old 08-17-2007, 08:39 AM   #17
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all they did long term was increase the rate of inflation.. yay
in that case, that's bad to their economy!
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Old 08-17-2007, 08:42 AM   #18
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There's still going to be a lot of market volatility for a while, mostly cos the banks are affected by all this too, and they are generally safe bets.
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