Old Project Avalon Forum (ARCHIVE) - Financial crisis at-a-glance: 7 Oct

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ATYT	10-07-2008 07:22 PM

Financial crisis at-a-glance: 7 Oct

2 Attachment(s)

Financial crisis at-a-glance: 7 Oct

http://news.bbc.co.uk/2/hi/business/7656212.stm

IMF in 'severe downturn' warning

"Internationally coherent and decisive policy measures will be required to restore confidence "-IMF world economic outlook

http://news.bbc.co.uk/2/hi/business/7656741.stm

Who is gone:

http://news.bbc.co.uk/2/hi/business/7644238.stm

Rocky_Shorz

10-07-2008 09:12 PM

Re: Financial crisis at-a-glance: 7 Oct

Fasten your seat belts...

tomorrow is when the suspension of short selling ends...

Racsouran

10-07-2008 09:17 PM

Re: Financial crisis at-a-glance: 7 Oct

Quote:

Originally Posted by Rocky_Shorz (Post 42767)

Fasten your seat belts...

tomorrow is when the suspension of short selling ends...

no, it is not.:sneaky2:

Midnight Oil

10-07-2008 09:51 PM

Re: Financial crisis at-a-glance: 7 Oct

So, are we declaring Bill Deagle's visions false now?:smoke:

7th is almost over, I do not see some huge melt down...hımmmm

Rocky_Shorz

10-07-2008 10:05 PM

Re: Financial crisis at-a-glance: 7 Oct

Quote:

Originally Posted by Racsouran (Post 42780)

no, it is not.:sneaky2:

sorry CNBC was talking tomorrow, when I look up the official wording its...

Quote:

The SEC announced that it was extending several of the emergency provisions ordered in response to the market crisis. The temporary prohibition of short selling in financial companies will now expire on the later of either 1) the third business day after enactment of the anticipated bailout legislation or 2) October 17, 2008.

SkyWatcher

10-07-2008 11:56 PM

Re: Financial crisis at-a-glance: 7 Oct

My husband works in the "industry" as the DBA. When asked, just now, he said the expiration for short sells in October 17th, for most of the stocks. There is a short list that is going to be released before that day.

Nancy

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