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To: atomicweeder
I think it's more likely we'll see DJIA drop to around 8,500, then institutional investors will start snapping up American stocks like mad because of their extreme undervalue.

The fear right now is that if the American stock market really crash, it could take Europe and eastern Asia along with it because in our highly interconnected world, an American financial crisis could take down Asian and European banks with it. It will be 1929 all over again.

42 posted on 03/16/2008 7:57:39 PM PDT by RayChuang88
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To: RayChuang88

Quick, who makes Prozac, Merck?


53 posted on 03/16/2008 8:03:46 PM PDT by central_va (Co. C, 15th Va., Patrick Henry Rifles-The boys of Hanover Co.)
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