What's behind that wild final hour of trading

Discussion in 'Trading' started by lwlee, Nov 8, 2011.

  1. lwlee

    lwlee

  2. Alot of frayed nerves in the markets today bcuz of...

    The economic turmoil in Italy, especially the no confidence vote on Berlusconi. If he is forced out, the socialists there will try to block the austerity measures needed to keep the euro from collapsing. If he is in fact replaced, investors fear big trouble ahead for europe and the rest of the world economic health. Then to make matters worse, the floods in thailand causing major supply problems for big asian manufacturers and possibly affecting manufacting growth detrimental to asia trying to avoid a slowdown(especially in japan after the tsunami damage)