Todd Sampson

Dad, Sailor, Tech Entrepreneur

Sailing San Francisco Bay on our Columbia 43.

Monday, 01.21.08

Black Tuesday?

The blogosphere is abuzz with talk about the stock market tanking tomorrow.  Outside the usual credit crunch, real estate, and weak dollar people are pointing to Monday’s largest one-day drop in many markets since 9/11:

  • Bombay’s Sensex -7.4%
  • Frankfurt’s DAX -7.2%
  • Hong Kong’s Hang Seng -5.5%
  • London’s FTSE -5.5%
  • Shanghai’s Shanghai Composite -5.1%
  • Tokyo’s Nikkei 225 -3.9%

So, what do you think?  Are we headed for a crash?  If you didn’t jump out of the market last week, is it too late to do so?  How can you play this market to win?

P.S. Those looking for a hedge against the crash, the BlackTuesday.com domain name is already taken.  Too bad.  John suggested 000tuesday.com, but that is a bit too geeky.

P.P.S.  Rafer, let me know when you are done with your crystal ball… You are just scary man.

by Todd Sampson · Tags: Stocks

 
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