In Case You're Awake & Wondering - Markets Tanking In Asia Now

DemocratInSoCal

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Thu Mar-13-08 12:58 AM
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In Case You're Awake & Wondering - Markets Tanking In Asia Now

Nikkei is down 3.7%, and Hang Seng was down 3.0%. That's equivalent to about 350-400 Points on the Dow. Dow Futures right now are currently showing -1%, or approx. 120 points.

They're going to try and mount a resistence in Europe, which is starting to open next.

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catnhatnh

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Thu Mar-13-08 01:04 AM
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1. Yeah, but that international dateline thing confuses me.....

are they tanking yesterday or tomorrow???

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Captain Angry

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Thu Mar-13-08 01:07 AM
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3. If it's tomorrow, be sure to get the lottery numbers.

:-)

I think I laughed up a kidney when I heard that line on the Drew Carey show.

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Captain Angry

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Thu Mar-13-08 01:06 AM
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2. I just took a quick look, and that market situation in Asia may be local.

Concerns of inflation due to oil prices, nothing new here.

Snow in China affecting industrial output, shouldn't affect our market directly. Especially if we're not buying as much.

So, everything might be fine. Then again, the market might freak out that Paulsen will be talking about new regulations that might be coming along.

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pfitz59

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Thu Mar-13-08 01:08 AM
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4. Increased violence in Iraq...

Surging oil prices. Little interest in Feds rate cut. Lots of issues. 7 pages of foreclosures in my local paper today. Only half a page as of last week. The proverbial shit is about to hit!

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ruiner4u

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Thu Mar-13-08 01:09 AM
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5. When a market is off 10 percent or more, please sound the alarm...

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Extend a Hand

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Thu Mar-13-08 01:59 AM
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6. djia futures are down too (-138)

Edited on Thu Mar-13-08 02:00 AM by sad_one

More hedge fund collapses? I saw something about Carlyle capital lenders taking over remaining assets.

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Eurobabe

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Thu Mar-13-08 02:02 AM
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7. The European media yesterday could not understand

Edited on Thu Mar-13-08 02:02 AM by 48percenter

why the stupid DOW went up 416, have the fundamentals changed? Are we suddenly out of the recession, has the backlog of housing evened out?

I don't think so. The stock market is a giant fucking casino, and we're all being played.

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TheWatcher

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Thu Mar-13-08 03:58 AM
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8. People are not going to understand what is happening to this country economically

Until it is far too late.

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SpiralHawk

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Thu Mar-13-08 05:30 AM
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9. "No problema. My Swiss Bank Accounts are going up. Smirk." - Commander AWOL

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