Sunday, June 8, 2008

Markets tumble in Asia

Asian markets, following NY markets on Fri, tumbled sharply in early Mon trading. Most are down 2%. China & Hong Kong are closed for a local holiday, saving damage in these markets. Mon could could an interesting day in NY, especially if it begins with a huge sell-off in the early minutes. Given problems out there, instead I'm looking for just more bleeding,

Below is a picture of the fraidy cat, but she's not afraid of me any more. In the markets, this is not the time to be a fraidy cat. Instead prepare for better times in the future.

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