Hold onto something tomorrow - potential Wall St collapse on opening of trading

[ThaBigP]

http://uk.news.yahoo.com/rtrs/20080914/tbs-uk-markets-global-7318940.html

[VietCowboy]

http://uk.news.yahoo.com/rtrs/20080914/tbs-uk-markets-global-7318940.html

yeah, that's why i started the thread about iraq vs. the economy. it will be interesting to see what will have the bigger impact in the elections.

seems like when things are going well, let's privatize everything. when things are going down the drain, it's up the government to bail it out and nationalize it.

[iceberg]

yeah, that's why i started the thread about iraq vs. the economy. it will be interesting to see what will have the bigger impact in the elections.

seems like when things are going well, let's privatize everything. when things are going down the drain, it's up the government to bail it out and nationalize it.

not sure iraq had much to do with this one.

i'm wanting to see what theogt says on this. between he and thabigp - i respect those two on things like this.

[Cajuncowboy]

It won't collapse. Too many safety valves in place to allow it to. Worse case scenario is they suspend trading. It could be rough but no where near a collapse. Also, those who keep their heads and not panic will be just fine.

[dbair1967]

I'm sure we'll see some panic sell off of 400-500 pts...as another said above, its possible they could suspend trading at some point.

I wont be selling a single stock however.