The market is down 300 points. Why because stocks are only being sold and not bought. No one is going to buy because every stock is going to drop more. I know this because RIMM is down to 66.67 which is 1.50 less than it sold for after its split last year. Its not even a USA stock its Canadian and not even affected by the total disaster in the states.
So heres what will happen this week:
The stock market will totally collapse as total panic sets in, all world markets will collapse and by Friday money will be worth nothing. We will be back to thousands of years ago when bartering was the only way to trade. No one will have a job and we will all be growing vegetables and fruit so that we can barter. I wonder what I'll be able to get for a pack of cigarettes.
This is an official prediction that will obviously come true. If you think its a joke ask yourself this - what could possibly happen to get people to start buying stocks again? I cant think of a thing.