Panic 2.0 Hits the US Markets...!

Wall Street Falls Ten Percent Intraday... ! 

The US markets indices fell more than ten percent intraday on Thursday in a new panic reminding the  bust two years ago. At the time of this post the markets were trading with huge losses of 6 % in the widely followed US indices.

S&P 500 Index - Daily Chart with CBOE VIX

We will certainly see huge losses in the Indian markets on the black Friday tomorrow.

Cheers and Prosperous Investing and Trading!!!  

© 2010 momentumsignal.blogspot.com All rights reserved.

Disclaimer: No research, information or content contained herein or in the accompanied spreadsheet shall be construed as advice and is offered for information purposes only. We shall not be responsible and disclaim any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered by the user or any third party as a result of or which may be attributable, directly or indirectly, to the use of or reliance on any information or service provided. All files/information is provided 'as is' with no warranty or guarantee as to its reliability or accuracy.