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Old 10-10-2008, 08:07 PM   #4
Steve_A
Project Avalon Moderator
 
Join Date: Sep 2008
Location: Northeastern Brazil
Posts: 1,259
Default Re: Brazil suspend trading....again

Hi Everybody,

Just to be the first one to say that I was wrong with my prediction.

However it has to e said that the movement of the DOW today was not normal, something, especially during the last hour was propping up the bourse.

Every time the bourse went into negative territory, it jumped back in to positive, that from a low of over 600 points. In my opinion somebody, somewhere was propping up the bourse. I hope I'm wrong again.

Best regards,

Steve



Quote:
Originally Posted by Steve_A View Post
Hi Everybody,

The DOW plummeted on opening and crawled back up to be less cruel, however, I beleive that the last hour of trading should bring the DOW down by around 700 points as the investors / traders won't want to leave their investments over the weekend.

Best regards,

Steve
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