So, carnage on the JSE today?

[kingmonty]

Given the massacre on Wall Street yesterday, I guess we're in for a very rough ride today.

 

[Barefoot Billionaire]

JSE down more than 6% yesterday. I'm putting any spare cash straight into my 100% equity retirement annuity. Finally it's looking good to buy again!

 

[milomak]

Hold on to your seats gentleman

 

[cybershark]

"I am nearly beside myself with fury," says Warwick Lucas, equities analyst at Imara SP Reid. "The US (lawmakers) are a bunch of self-important imbeciles who are about to learn a very expensive lesson in finance. They turned a repairable problem into a snowballing disaster.

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-1784_2401817

 

[TheHiveMind]

*Yawn* You rich pplz sure got it bad. I guess this is a good time to be broke to begin with ^_~

 

[BigAl-sa]

JSE bucks global trend:

http://www.fin24.com/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-21_2401946

 

[kingmonty]

Seems the JSE is actually into positive territory at the moment.

 

[BigAl-sa]

Seems the JSE is actually into positive territory at the moment.

Snap

 

[medicnick83]

... but for how long?!

 

[BigAl-sa]

... but for how long?!

At 12:15 the all-share index was 0.92, now at 12:45 it is 0.50. The resources index, which was holding the market up, is now in the red.