TeakDoor.com - The Thailand Forum - View Single Post - A note of caution for those with deposits in US Banks

Spin · 10-10-2008, 12:48 AM

^AIG have used up $61 billion of the initial $85 billion so an extra 38 billion is a timely top up to keep things ticking over for a while longer.

A year ago today the Dow jones Industrial Index hit record highs of 14,164. Todays trading saw the 9000 level taken out and 8850 was touched.

Oil, whose price now trades in sympathy with the dow and spx fell below a key support level of 87 and now can in theory fall unimpeded easily down to the 75$ level.

10-10-2008, 12:48 AM	#786 (permalink)
Spin Would ya? Join Date: Jul 2006 Posts: 10,334	^AIG have used up $61 billion of the initial $85 billion so an extra 38 billion is a timely top up to keep things ticking over for a while longer. A year ago today the Dow jones Industrial Index hit record highs of 14,164. Todays trading saw the 9000 level taken out and 8850 was touched. Oil, whose price now trades in sympathy with the dow and spx fell below a key support level of 87 and now can in theory fall unimpeded easily down to the 75$ level. Last edited by Spin : 10-10-2008 at 03:23 AM.