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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.97
(
0.14%
)
Bitcoin
62,722.06
(
3.01%
)
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Renavatio

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Renavatio

Re: None

Tuesday, 08/07/2007 7:20:56 AM

Tuesday, August 07, 2007 7:20:56 AM

Post# of 46420
Question for the board...

Having only been in the pennies for less than 2 years, how do the pennies react to a major big board correction? Does this market run anti-cyclical to the big boards like the bond market is supposed to? Or is the penny market considered just an extension of equities and when the big boards tank, the pennies flounder too?

(BTW a big board correction might be the only thing that can save the sinking mortgage industry...no one is buying their bonds which is why lenders are stopping/slowing down on funding loans.)

"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

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