Re: Sensex gets a 542 pt weekend drenching - INDIA COLLAPSING!



On Sat, 28 Jul 2007, BMJ wrote:

Straydog wrote:

Here is a dose of medicine for all those pro-India-anti-US propagandists. See below....

All those stock markets in the NDCs are unstable, just like their economies.

Stock markets throughout the world dropped during the past few days.

Rather than the end of the world that some people think (wish?)

A couple hundred points on 14,000 is chickenfeed....

this
indicates, it's possibly just an overdue correction. I've been investing in the stock market for enough years and have seen this sort of thing before.

A drop in the Dow of several hundred points when it's well over 13,000? Try the same amount when it was around 2,500. That happened October 19, 1987 and the same prognostications were made.

That was a very big drop -- much much more than 400/14000.

It's time to look for bargains, folks.

Not yet. Dead cats don't bounce unless they fall farther.

<snip>

.

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