Wednesday, October 21, 2009
Stock Market Tanking Hard, Watching Closely
Quick post on some exciting action. The stock market is tanking extremely hard in a straight line down right now, characteristic of the collapse we're expecting. The Dow lost almost 150 points in the past 1 1/2 hours with most of those losses coming in the past 20 minutes.
If this holds into the close, it could be very meaningful.
Full update with thorough analysis at the end of the session later this afternoon.