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.

Subscribe to the feed


Add New Comment
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Add New Comment