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ummm yeah,…

i’m sure half the people in the markets didnt know they had limit downs, myself included.

a limit down basically means that the futures have traded down to a predetermined limit beyond which no further trades are allowed until the market opens.

its looks like today is going to be another historic mess on wall street.

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6 Comments

  1. I had no idea. Still don’t. šŸ˜‰

  2. lol well atleast it wasnt as bad as everyone thought it might be.

    monday is another matter tho šŸ˜

  3. It’s still a roller coaster, isn’t it Skunk? You just have to hang on and survive. I fear for those who are jumping out.

  4. true it makes no sense to move right now. have faith in wall street’s 5 sec attention span and this too shall pass.

  5. Skunk, are the Islamic banks doing any better than the traditional banks?

  6. they seem to be for now. sharia kind of prohibits derivatives depending on who you talk to.

    but they do dabble in alot of physical real estate, so it might be too early to tell yet.

    but the ones i’m following are all bullish about this years earnings and insist they have no exposure. whether they become part of the collateral damage remains to be seen tho,…

    i do like them over regular banks tho, and i’m thinking of picking up some more stock,… its just they keep going lower and lower. i’m like a kid in a candy store right now šŸ˜›


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