Comments on: Global Credit Still In Deep Freeze

Worldwide Interest Rate Cuts Have Yet To Revive Paralyzed Markets

Add a Comment See all 87 Comments
by oneworldusa October 10, 2008 7:36 AM EDT
Posted by SamTheTVCat at 03:57 AM : Oct 10, 2008

Yes, we have a stop-loss that was implemented after the ''crash'' of 1987. If the market loses a certain percentage over a certain period of time, it can shut down to give investors a cooling off period. The idea is to encourage people to make investment decisions practically and not emotionally.
Reply to this comment
by oneworldusa October 10, 2008 7:33 AM EDT
As far as I''m concerned the stock market can keep on crashing for a while. I got out of stocks and mutual funds years ago because essentially they were flat. Even if fixed interest doesn''t ''keep up with inflation'' as they say, at least it doesn''t completely go backwards, and your money is insured. I''ll take slow and steady any day over this chaos.
Reply to this comment
by samthetvcat October 10, 2008 6:57 AM EDT
---"Indonesian stock trading was frozen indefinitely Friday to "avoid deeper panic," the bourse president said."---

This sounds extreme, but is there any reason we can''t all do the same thing?

These numbers are just UNbelievable! :(

I feel like maybe the world economic leaders need time to catch up, or people need time to cool off or something . . .
Reply to this comment
by shanev137 October 10, 2008 6:54 AM EDT
Global war, WW3, Financial destruction of all nations, One world government, Anti-Christ....when can we expect the locusts to arrive?
Reply to this comment
by toby2958 October 10, 2008 6:32 AM EDT
Ahhh Bush''s neocon agenda has worked so well.

Endless war.
Economic destruction.

Thanks Bush!

Time for a change.
Reply to this comment
by smurfcrusher October 10, 2008 6:23 AM EDT
Hey, let''s adopt the Republican''s suggestion, and put Social Security funds into the stock market!

You''ll be RICH!!!!


HAHAHAHAHAHAHA!!!!!

Reply to this comment
by gramto8 October 10, 2008 6:01 AM EDT
That''''s total BS.
If the DOW was at 7500 I could see that statement making some sense....but it''''s not.
There''''s major support on the Dow at 7500.
The big boys are just using the media to get the average person to sell all their stocks and take a loss so they can buy them all back super cheap.
Think about it.
Posted by snarkysnark at 02:41 AM : Oct 10, 2008

The way things are going, I guess we will find out real soon whether you are correct or not.
Reply to this comment
See all 87 Comments

Exclusive Webshow

Mike Huckabee on GOP "rock stars," 2012, health care reform and more. Watch Now

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: