156.70 (2.96%) 89.14 (2.25%) 1,127.53 (5.07%) 119.91 (5.03%) 6.51 (0.54%) 514.61 (4.20%) 70.67 (2.02%) 85.88 (3.03%) 60.39 (3.77%) 253.46 (3.11%)Posted on 03/16/2008 7:34:49 PM PDT by TigerLikesRooster
| Symbol | Name | Last Trade | Change | Related Info |
|---|---|---|---|---|
| ^AORD | All Ordinaries | 5,131.80 |
156.70 (2.96%) |
Components, Chart, More |
| ^SSEC | Shanghai Composite | 3,873.54 |
89.14 (2.25%) |
Chart, More |
| ^HSI | Hang Seng | 21,109.58 |
1,127.53 (5.07%) |
Components, Chart, More |
| ^BSESN | BSE 30 | 15,760.52 |
0.00 (0.00%) | Chart, More |
| ^JKSE | Jakarta Composite | 2,263.51 |
119.91 (5.03%) |
Components, Chart, More |
| ^KLSE | KLSE Composite | 1,194.84 |
6.51 (0.54%) |
Components, Chart, More |
| ^N225 | Nikkei 225 | 11,726.99 |
514.61 (4.20%) |
Chart, More |
| ^NZ50 | NZSE 50 | 3,430.24 |
70.67 (2.02%) |
Components, Chart, More |
| ^STI | Straits Times | 2,753.13 |
85.88 (3.03%) |
Components, Chart, More |
| ^KS11 | Seoul Composite | 1,539.87 |
60.39 (3.77%) |
Components, Chart, More |
| ^TWII | Taiwan Weighted | 7,907.93 |
253.46 (3.11%) |
Chart, More |
Good luck to you.
Think I read it's scheduled for Tues. But the thing is, they didn't even wait for the meeting. They announced TONIGHT, SUNDAY NIGHT, that they were cutting a quarter percent.
Then we have 4 other major banks announcing their numbers this week so we have a lot of potential for really icky things to happen this week.
Gonna be terrible methinks.
Of course. Frankly, I had no idea if Friday was a bad day; I took half the day of to run errands. I didn't know anything was cooking overseas; but I've been posting on various forums, including here, that Bernanke's comments of late are decidedly "top down," neigh almost socialistic in their apparent disregard for individual responsibility and a market's ability to price things properly. I have stated that I believe he either doesn't understand markets (but certainly understands econometrics) quite as well has he should -- and i'm no couch-potato fed basher -- or he is truly desparate.
In fact, I said this.
Thanks.
You know, that's the whole problem. These off-hours surprise cuts send uneasy messages; smack of desperation.
“Nobody ever thought the US consumer would eventually run out of credit...”
Nonone but a total fool would ever think that.
Remember...it's also a major election year. So, if possible, maybe we can all exhale---we've been through this before and we're still all here.
Both are accurate.
The Fed has a regularly scheduled meeting Tuesday where they are expected to drop the rate anywhere between .5 and 1.0%.
Financial analysts all over the web are split on just where the cut will land, altho speculation on Wall Street was a 1% cut (one reason why stocks were up at times during the week).
But with Bear Stearns getting bought for 2-double cheeseburgers a share, who knows?
Don’t tell me, tell the investors. I am just stating the obvious. The markets are in panic mode and have been for the last few months.
>> Not looking for a bottom...but a near bottom? I’ll take it!
Good luck with that! Seriously, you may be right and I hope it works out for you.
I think I’m gonna hide and watch.
LoL! Hey, it’s the little things.
| INDEX | VALUE | CHANGE | OPEN | HIGH | LOW | TIME |
|---|---|---|---|---|---|---|
| DJIA INDEX | 11,700.00 | -284.00 | 11,971.00 | 12,124.00 | 11,686.00 | 22:32 |
| S&P 500 | 1,253.90 | -39.10 | 1,287.50 | 1,313.00 | 1,253.60 | 22:32 |
| NASDAQ 100 | 1,679.25 | -45.25 | 1,720.25 | 1,754.50 | 1,678.50 | 22:29 |
Smack of PANIC!
They could have waited 48 hours to make the announcement. Even a few hours into tomorrow wouldn't have done the damage that this will do.
People will percieve the Fed as panicking and will follow suit. Espeically when they read headlines about runs on banks. AND with 4 other major US banks ready to unroll numbers the first part of this week.
Panic in the air. Asia is getting it now. Europe next. Then the biggie. NY.
You're right. and tomorrow I'm going to do just that.
Rice - Check!
Beans - Check!
Bullets - Check!
I sure hope that “Helicopter Ben”-—is warming up that helicopter for St. Patty’s day!!!
Look, the Dow won't be low until it's under 10k. Someone posted 8500 here somewhere. That seems as good a guess as any.
Capital is beyond tight. It's not gonna get pried loose for anything except a really good bargain.
You know, like Bear Stearns as a twofer.
Unfortunately, the chicken-littles seem to be in the drivers' seat for the time being. Not for long, trust.
ha!
water-check
cat food -check
Mcdonalds-check
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