Dow dropped 504 yesterday!
This is so crazy! Yes! Thats right! Dow dropped by 504 points last night! And right now its still extending losses with more bas news! Imagine Lehman Brothers had filed for bankruptcy! And Merill Lynch had been bought over!! And now AIG is on rocky rocks!! America financial system is in crisis! This was reported to be the worst since 9-11. Sounds so impossible! Big banks fell apart!! CRAZY! Its simply hard to believe that this subprime crap had brought Lehman down!!
Okay! Fed just pumped $50 Billion into the financial system and immediately Dow is recovering! But will it last? I really doubt! Although Singapore market took a beating today. My Olam went up b y $0.02! But still its still in full of trouble. The entire crisis is felt everywhere! No countries will be spared!! Everyone with money in stocks, in investment all will be beaten down!! Imagine -504 last night!! Wowwww. Still trying to put the pictures in place. Jaws opened!
Wish u bankrupt just like me... Hahahahahahaha.. :)