< 12,000
Today markets fell worldwide, will the NYSE follow suit tomorrow? My guess is yes, and it won’t be pretty. So look for the market to falter tomorrow, leaving us with a closing number well below 12,000.
Here is a breakdown of the losses seen worldwide today.
- Bombay’s Sensex -7.4%
- Frankfurt’s DAX -7.2%
- Hong Kong’s Hang Seng -5.5%
- London’s FTSE -5.5%
- Shanghai Composite -5.1%
- Tokyo’s Nikkei 225 -3.9%
I for one will be looking to pick up a few stocks at a healthy discount if the market does suffer.