[NefCanuck]

hanserus,Oct 24 2008, 09:06 AM Wrote:looks like it's going to be the motherload of all market sell offs today and moday. just today - all major markets in the world are down on average by 7%

let me ask you this: if everyone is selling, where is the money going to? if it were just saving accounts the currencies wouldn't be dropping like they have done recently. what's going on?
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I think part of the problem is that of the money that is in the markets, a lot of it is actually credit and not "real" money (IE: saved money)

As people see the markets tanking, they want to get out while they can reduce their losses, others see that, want to reduce their losses, the herd mentality kicks in and hello stock market collapse :ph34r:

NefCanuck