Financial crisis at-a-glance: 7 Oct

ATYT · 10-07-2008, 07:22 PM

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

Fasten your seat belts...

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

Racsouran · 10-07-2008, 09:17 PM

Quote:

Originally Posted by Rocky_Shorz

Fasten your seat belts...

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

no, it is not.

Midnight Oil · 10-07-2008, 09:51 PM

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

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

Rocky_Shorz · 10-07-2008, 10:05 PM

Quote:

Originally Posted by Racsouran

no, it is not.

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

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

10-07-2008, 09:12 PM	#2
Rocky_Shorz Avalon Senior Member Join Date: Sep 2008 Location: USA Posts: 1,098	Re: Financial crisis at-a-glance: 7 Oct Fasten your seat belts... tomorrow is when the suspension of short selling ends...

10-07-2008, 09:51 PM	#4
Midnight Oil Avalon Senior Member Join Date: Sep 2008 Location: Istanbul Posts: 50	Re: Financial crisis at-a-glance: 7 Oct So, are we declaring Bill Deagle's visions false now? 7th is almost over, I do not see some huge melt down...hımmmm Last edited by Midnight Oil; 10-07-2008 at 09:53 PM.

10-07-2008, 11:56 PM	#6
SkyWatcher Avalon Senior Member Join Date: Sep 2008 Location: Illinois Posts: 100	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