Share indices are crumbling tonight Thursday, October 09, 2008
After some frenetic trading in the last few minutes, the Dow ended the day at 8579 having smashed through the psychological barrier of 9000.
Spread-betting quotes right now i.e. Thursday 2230h are showing the FTSE100 down 200 to approximately 4113, levels last seen in 2003. Whilst the levels are based on on thin trading and without the enormous liquidity during market hours, they foretell of a large fall on the open tomorrow unless Far East markets find some reason to turn the tide.