Australian (ASX) Stock Market Forum

Blood on the floor today

Hopefully i can mop up the blood with my Amp china growth fund :rolleyes: otherwise i'll be riding the slippery dip for the next ten years up and down and up up up and away weeeeeeeeeeeee ;)
 
One thing is for sure the US is getting jitters. Fact is the sub prime probs have spilt a little into other industries but not to badly (yet) and that liquidity is goin to start shrinking.

How fast and the extent is the question
 
The UK's FTSE 100 finished the day down 2.02%, 130.9 points at 6,348.5.
The Dow 30 finished the day down 1.97%, 256.5 points at 12,800.18.
The UK's Techmark 100 was down 1.72%.
FTSE 250 down 2.61%.
EUROTOP 100 was down 1.67%.
 
Do you think the Dow Jones fall of 2% will effect ASX next week? Dropped due to unemployment rates of almost 5%, compared to Aus which is very strong.
 
Do you think the Dow Jones fall of 2% will effect ASX next week? Dropped due to unemployment rates of almost 5%, compared to Aus which is very strong.


I think so, the 'decoupling ' people say has not kicked in yet and monday will be a red day.
 
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