Nikkei Down More Than 3 Percent

AP ^ | Sunday March 16, 8:42 pm ET

[Frank_2001]

How do you say “This is not good” in Japanese?

[al baby]

Monday will not be a good day to stop sniffing glue

[al baby]

これはよくない

[teletech]

Will Benny B & the Feds pull us out of our steep dive or will we crash and burn along with Bear S?

[Mad_Tom_Rackham]

I wouldn’t jump out of a building over a 3% decline. Bear’s collapse wasn’t a $300B hit, only a $30B hit. I’m not saying this is not a problem, but let’s not get hysterical.

[Nervous Tick]

>> Will Benny B & the Feds pull us out of our steep dive or will we crash and burn along with Bear S?

a) Who is “we”?

b) Are you absolutely sure those are the only two alternatives?

c) What do you expect Ben to do, exactly, to pull us out of the “steep dive”?

[July 4th]

Will Benny B & the Feds pull us out of our steep dive

Well, if the dollar weakens further, it may be foreign investors in addition to the Fed. 3% isn't a huge decline, and could be far worse. If the Fed comes in early and cuts again tomorrow, it could be a volatile but relatively small decline in our markets.

[al baby]

Its just the tip of the Iceberg There might not be much left to be President of in January o9 if this keeps up

[frankjr]

It’s already gained back 100 points from the low. It will probably finish the day in positive territory.

[BGHater]

 Japanese Yens to 1 USD (invert,data)

120 days	latest (Mar 14) 100.2	lowest (Mar 14) 100.2	highest (Oct 11) 117.71

[Farmer Dean]

The perception of trouble sometimes drives the market.I hope that’s not the case tomorrow.

[Cicero]

Looking dicey for tomorrow. Spot Gold and silver skyrocketed to new highs in Asia tonight. Some sort of news hit the futures markets like a hammer.

http://www.kitco.com/charts/livegold.html

This may load a bit slowly, because the gold and silver charts at Kitco have been getting more traffic than they can handle.

[teletech]

a) Who is “we”?

We would be the US Financial System

b) Are you absolutely sure those are the only two alternatives?

No, I’m not sure they are the ONLY alternatives but if there ARE others maybe you can enlighten us.

c) What do you expect Ben to do, exactly, to pull us out of the “steep dive”?

I expected Ben to stop his needless rate hikes long ago. He isn’t responsible for the bad loans by investment banks but now WE taxpayers are bailing out Bear S so our whole financial system doesn’t implode. I hope every taxpayer thinks it was worth the money.

[Mad_Tom_Rackham]

All boomings have their endings, especially those driven by credit expansion. I don't disagree that we are in for a rough ride, but let's keep things in perspective. Even a 25% “correction” in real estate valuation would only reset values to 2003 levels, at worst. Liquidity will return to markets after the necessary corrections have occurred. There are many other drivers in play.

[al baby]

Well im getting my panties in a bunch I lost close to 7 million last month

[Frank_2001]

“c) What do you expect Ben to do, exactly, to pull us out of the “steep dive”?”

How about a $300.00 economic stimulus payment? ($600.00 for joint filers);)

[cornfedcowboy]

Does someone have a link for the Dow futures for tomorrow. I can’t seem to find the right one. Thanks in advance.

[Lancey Howard]

No big deal. The government will save me.

[Lancey Howard]

I lost $235 million (annuity value) last night.