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U S Markets


Cosmo

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Is anyone following the US markets at the moment?Wholly cow (or bear I should say), the Dow is currently down 300 points.  And it is the second time this week that it has fallen over 200 points.The Nasdaq and the S&P 500 is also down 2 plus % so far today.Oh boy, lets hope it does not cause a financial meltdown worldwide tomorrow - like the Asian Financial Meltdown 10 years ago...........FrownAnd at this very moment, the US dollar is in a steep dive - the chart looks as if it has fallen over a cliff. 

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Is anyone following the US markets at the moment?Wholly cow (or bear I should say), the Dow is currently down 300 points.  And it is the second time this week that it has fallen over 200 points.The Nasdaq and the S&P 500 is also down 2 plus % so far today.Oh boy, lets hope it does not cause a financial meltdown worldwide tomorrow - like the Asian Financial Meltdown 10 years ago...........FrownAnd at this very moment, the US dollar is in a steep dive - the chart looks as if it has fallen over a cliff. 

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yea.. this only affects my income, since we base it n the US dollar.. Talk about a 45% pay cut in past 2 yrs.. and still have to do the same amount of work.. Sux, but still better than not getting paid at all.

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Ya, my problem is I have long positions in the markets....

If I had short positions, I would be jumping for joy and planning a year long holiday....

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LOL. Babyoiy should be in my business. She hit it on the head! "Simple as that". Giggle.

Yeah, it has been a tough day. In the segment of the business where I work, what matters is relative performance -- how I do versus a given benchmark. With the market about to close shortly, I'm ahead on both portfolios, large cap value and small cap value. But has it been rough today? Yes.

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