Global Selling

10/24/2008 9:37 am EST


Thomas Aspray

, Professional Trader & Analyst


Despite the attempt of the US market to stabilize Thursday, the heavy selling resumed in Asia and has carried over to European trading. The Nikkei 225 futures closed well below their prior lows.  No signs that the panic liquidation is over, and it will take quite a bit of time to repair the technical damage.

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