Japan Stock Market Falling off A Cliff

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[Arkinsaw]

Down 722 - 7% and falling so far.

Asian stock markets plunged Wednesday as recent steps by the world's major economies to fortify credit markets failed to stem escalating fears that the spreading financial crisis could spawn a global recession.

[silentknight]

Tsunami - wonder what will happen in Europe in the coming hours. What a mess.

[Arkinsaw]

Starting to think its time to get back in???

I dunno. Derivatives and Credit Default Swaps are the monsters in the cupboard. Will they stay there?

People were calling bottom yesterday. I don't think so.

For once Cramer may be right and we are headed for 7700. Dunno.

[silentknight]

9,225.18 - 930.72

[jddqr]

=

[tcrlaf]

“America falls down as the money stops”

Ironicly, that’s not true. Money is fleeing TO the safety of America right now. Which must really be eating the craw of some America-hating Eurolibs.

Look at the Bond markets!
http://www.investinginbonds.com/marketataglance.asp?catid=34

[spokeshave]

in other good news....

Retirement accounts have lost $2 trillion so far - AP - Tue 7:27 pm ET Americans' retirement plans have lost as much as $2 trillion in the past 15 months -- about 20 percent of their value

[silentknight]

Down 1000 now. Amazing.

[wardaddy]

How can panic last this long ?

who knows....there is a lot of good economy out there but when the financial industries and their investments get tanked it dopplers everywhere

i actually think more of the economy is good rather than bad.....technically the earliest we can be in a recession in January

but the last big panic lasted from 1929 till 1943 or so

[Stentor]

Just read on Yahoo news that Iceland may be the first country to go bankrupt.

Oh no! Now all the women will have to come here to find a "rich" husband. Oh the huge manatee.

[cookcounty]

"I think the world is in crisis because they see obama winning,they see us becomming a third world country run by terrorists."

Bingo. Does an Obama with a compliant Democrat Congress make you want to take financial risks, or does it make you want to hoard your resources??????????????

The answer is obvious.

[relee]

9159.81
-996.09
-9.81 %

[AmericanInTokyo]

大日本帝国万歳！大アジア円経済共存圏万歳！

(Just kidding).

It is bargain basement time, kiddies, for Japanese to buy up US real estate. Only their mid size and small size exporters depending on strong dollar are going to go belly up at this level.

YEN JUST ROSE BRIEFLY TO 99 Yen to the dollar. wow

[1COUNTER-MORTER-68]

Look Out Below!!!...:0(

[AmericanInTokyo]

[jddqr]

Heh.

I love Japan. I worked near Shinagawa for a month. One of the most interesting countries (and cultures) in the world.

[AmericanInTokyo]

old screenshot graphic from Japanese TV a few hours ago, now it is nearly twice as worse.

[se_ohio_young_conservative]

It is going to get ugly. Could this be a “turn off the board” day ?

Dow futures are down about 200 points.

[jddqr]

At what point does Japan freeze trading?

[God Dem American]

Polls are heavily weighted with Democrats & "Independents".

Part of MSM strategy is to spook & demoralize you with fudged reports, in hopes that you won't vote.

Obama will not be President.

[AmericanInTokyo]

when you visit again, be my guest; we will have a cold beer together in Ebisu, if you are a drinking person. it is on me (in Yen). if you come in on US dollars, they may not go very far. it might be better to rent the Japanese beer than outright buy it. this is really bad for America. bad for Japan. bad for everyone today.....;-(