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Japan Stock Market Falling off A Cliff
Yahoo! Finance ^
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| Yahoo! Finance
Posted on 10/07/2008 10:14:18 PM PDT by 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.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; Japan; News/Current Events
KEYWORDS: asia; bailout; economy; financialcrisis; globaleconomy; japan; nikkei; stockmarket; wallstreet
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To: se_ohio_young_conservative
The rest of the world can see that our politicians are so drunk and stupid on their own power, they soak us for $850 Billion and make less than no effort at fixing their own corruption. They have turned us into a worldwide joke.
61
posted on
10/07/2008 10:55:45 PM PDT
by
FlyVet
To: cookcounty
I wonder how this will effect the on-line poker community?
To: AmericanInTokyo
Doumo!
I no longer work for the company that sent me there, but if I ever get a chance to visit again I will give you a ping :)
Now, back to the market...
63
posted on
10/07/2008 10:56:11 PM PDT
by
jddqr
(Chuck Baldwin for President '08)
To: jddqr
IIRC, they close in 7 minutes. Bloomberg says it’s the largest drop in 20 years. Wow.
64
posted on
10/07/2008 10:56:12 PM PDT
by
relee
('Till the blue skies drive the dark clouds far away)
To: GOP_Thug_Mom
The Russians may bail them out with a $5B loan in exchange for letting them use their air base for “maintenance.”
65
posted on
10/07/2008 10:56:37 PM PDT
by
cw35
To: jddqr
At what point does Japan freeze trading?
Probably 10 or 15 percent.
66
posted on
10/07/2008 10:57:01 PM PDT
by
Arkinsaw
To: Arkinsaw
Down 8.82% 11 PM PDT
Does Japan exchange lead DOW or follow?
yitbos
67
posted on
10/07/2008 10:57:37 PM PDT
by
bruinbirdman
(GET OUT THE VOTE !!!!)
To: Arkinsaw
Cramer? The Cramer who said to buy Wachovia less than 3 weeks ago? THAT Cramer?
Why does ANYONE listen to that idiot? Sure, watching his antics is fun, but put actual CAPITAL down on his views? Gaaaaaaaaaakkkk!
68
posted on
10/07/2008 10:57:44 PM PDT
by
SAJ
To: jddqr
I don’t believe Nikkei has an autimatic trigger to halt trading. On the other hand, Yen keeps rising and rising, at least japanese people will have enough dough for the cold winter.
69
posted on
10/07/2008 10:57:58 PM PDT
by
maccaca
(puma)
To: Arkinsaw
NIKKEI 225
Trade Time: 1:31AM ET
Change: 895.42 (8.82%)
NIKKEI 225 Tanking BADLY!
70
posted on
10/07/2008 10:58:14 PM PDT
by
teletech
(Friends don't let friends vote DemocRAT)
To: cw35
The Russians may bail them out with a $5B loan in exchange for letting them use their air base for maintenance.
Yeah, I heard the Icelanders say that not many were willing to help and in their position they have to look for "new friends".
71
posted on
10/07/2008 10:58:33 PM PDT
by
Arkinsaw
To: Arkinsaw
The salesman assured me it would hold $20,000 easy....
72
posted on
10/07/2008 10:58:41 PM PDT
by
Dallas59
(Just Say NObama!)
To: AmericanInTokyo
I remember just a week ago being told that if we would only pass this bill we would “save the world”. Looks like that worked out SO well, eh?
73
posted on
10/07/2008 10:58:45 PM PDT
by
LibertyRocks
( http://LibertyRocks.wordpress.com ~ Pro-Palin & NObama Gear : http://cafepress.com/NO_ObamaBiden08)
To: SAJ
Why does ANYONE listen to that idiot? Sure, watching his antics is fun, but put actual CAPITAL down on his views? Gaaaaaaaaaakkkk!
No. But this may be the one time he was right.
74
posted on
10/07/2008 10:59:23 PM PDT
by
Arkinsaw
To: teletech
There
may be a trigger to stop trading if it went down by 1000. It reached the 900 drop mark already. Day is not over yet.
Markets was just chugging along during the debate. Then went into usual daily (afternoon) shutdown for a few hours. Emerged again in later trading, this was may two hours after the debate was over. Then it tanked. Still tanking:
Nikkei chart as of five minutes ago....we are 3:00 p.m. local on Wednesday....
75
posted on
10/07/2008 11:01:02 PM PDT
by
AmericanInTokyo
(Silver Lining to McCain's Defeat: We can, at once, seize the GOP from RINO leadership & clean house.)
To: Arkinsaw
Maybe the entire US stock market was in a bubble. Everything coming down to actual value now?
76
posted on
10/07/2008 11:01:52 PM PDT
by
Cedar
To: AmericanInTokyo
I wonder just how freakin low the markets can go.
It is becoming a bit concerning...
To: jddqr
My 401k still keeps chugging along buying all these nice cheap domestic and Asian/Lat. Am. fidelity funds...
Can’t wait to see what they swell into in....A FEW YEARS!!
78
posted on
10/07/2008 11:03:47 PM PDT
by
griffin
(Really unintelligent people try to fix socialism with more socialism)
To: silentknight
79
posted on
10/07/2008 11:03:55 PM PDT
by
jddqr
(Chuck Baldwin for President '08)
To: Lancey Howard
I’d say up up up. I wouldn’t be surprised to see poker on the disney channel
80
posted on
10/07/2008 11:04:26 PM PDT
by
ari-freedom
(Betcha they're good. Why shouldn't they be? Their one mistake was giving up me!)
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