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S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,569.60
(
1.47%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
80.01
(
1.84%
)
Bitcoin
65,994.46
(
-0.27%
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Post# of 148479
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jdaasoc

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jdaasoc

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Re: ajtj99 post# 133316

Wednesday, 10/29/2008 9:00:39 PM

Wednesday, October 29, 2008 9:00:39 PM

Post# of 148479
42 point S&P sell off in last 10 minutes.

Nothing has changed fundamentally in last 6 months with the financial shape of broker dealers.
They are technically insolvent and can't prop up the market one iota when sellers appear.

I still think when funds sell shares EOD, the market makers are dependent on looking in their larders for US treasury supplied funds.

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