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Re: Tomorrow could be very ugly in the markets... 

By: DueDillinger in CONSTITUTION | Recommend this post (1)
Mon, 08 Aug 11 9:48 AM | 40 view(s)
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Msg. 14284 of 21975
(This msg. is a reply to 14282 by DueDillinger)

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UPDATE 2AM EDT...

DJIA 11112 -290
S&P500 1164.75 -33
GOLD 1711.80 +60
SILVER 40.10 +1.89

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The above is a reply to the following message:
Tomorrow could be very ugly in the markets...
By: DueDillinger
in CONSTITUTION
Mon, 08 Aug 11 4:18 AM
Msg. 14282 of 21975

I just peeked at the futures and the DJIA is down 200 at 11202. Gold is up $35 at $1686.90 and silver is recovering nicely...up a buck at $39.22.

The S&P downgrade happened after the close Friday, so this will be the market's first reaction to the news.

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