Thursday, Jul 26, 2007

She's holed below the waterline, Sir! The ship's going down.

Bloomberg: U.S. Stocks Decline on Credit Concerns; Exxon, Builders Fall

U.S. stocks tumbled as concern about loan defaults increased, investors balked at funding takeovers and companies including Exxon Mobil Corp. reported earnings that missed analysts' estimates.

Posted by royston @ 03:09 PM (168 views) Add Comment

3 Comments

1. sold 2 rent 1 said...

I am already up 13K on my put options - and the crash hasn't really started yet.
I thought we might see one more high in early August but maybe not now.

Thursday, July 26, 2007 03:16PM Report Comment
 

2. dohousescrashinthewoods said...

I'm rather hoping for one last rally as I would quite like to unload my free Standard Life shares.
Ho hum I guess we'll just see what happens.

Thursday, July 26, 2007 03:34PM Report Comment
 

3. paul said...

Haha. Dugg for the title.

MAN THE RAFTS!

Thursday, July 26, 2007 07:28PM Report Comment
 

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