Panic part 2 (with more to come)
Tuesday, September 30th, 2008
I was premature in predicting panic Friday. Sadly, we got it today with the market down 7%. There’s likely more to come overnight… and maybe another 5 or 10% tomorrow?
The markets have fibrillated, and unfortunately, its now gonna take more than a $700 billion package to get things back on track. For the record, here’s Drudge’s headline package: