Global Stock Carnage

10/10/2008 10:03 am EST


Thomas Aspray

, Professional Trader & Analyst


The global liquidation of equities is evident in this chart of the Dow Jones World Index, which so far is down 41.4% from the November 2007 highs. The next support on the weekly chart-at 180-is likely to be broken Friday, with next support in the 155-165 area.

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