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Japanese indexes fall more than 7% in early trading
MarkertWatch ^ | 10-9-08 | V. Phani Kumar

Posted on 10/09/2008 5:35:04 PM PDT by RKBA Democrat

Japanese stocks tumbled Friday, with the two benchmark indexes slumping 7% or more during early trading on panic selling after Wall Street shares suffered deep losses overnight. The Nikkei 225 Average plummeted 7.4% to 8,483.77, while the broader Topix index fell 7% to 841.88.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Front Page News; Japan
KEYWORDS: asia; banklist; crash; failout; globaleconomy
Not good.
1 posted on 10/09/2008 5:35:05 PM PDT by RKBA Democrat
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To: RKBA Democrat

they may have to turn off the board.


2 posted on 10/09/2008 5:37:38 PM PDT by se_ohio_young_conservative (GO Sarah Palin !)
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To: RKBA Democrat

The Nikkei is down four and a half percent at the moment. But the Australian All Ordinaries is down seven and a half, and the South Korean market is down eight and a half.

http://finance.yahoo.com/intlindices?e=asia


3 posted on 10/09/2008 5:37:54 PM PDT by Cicero (Marcus Tullius)
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To: RKBA Democrat

This seems like a vicious cycle. We fall 7% then they fall 7% then we fall 7% etc.


4 posted on 10/09/2008 5:43:03 PM PDT by teletech (Friends don't let friends vote DemocRAT)
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5 posted on 10/09/2008 5:44:55 PM PDT by BGHater (The GOP, the new DNC.)
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To: teletech

Umm....try 11 percent.


6 posted on 10/09/2008 5:45:22 PM PDT by rsobin
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To: rsobin

Hmmm can you say DJIA 7500


7 posted on 10/09/2008 5:47:03 PM PDT by BigEdLB (Let's get serious - there is only one choice - McCain/Palin 2008)
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To: BigEdLB

I hope 7500 is the bottom. However, I do not see how as the average Joe has believed, been Micky-Finned, rode up the backside while unconscious, and now is just waking up.


8 posted on 10/09/2008 5:56:30 PM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: rsobin
Umm....try 11 percent.

Holy derivatives Bat Man!

9 posted on 10/09/2008 6:07:37 PM PDT by teletech (Friends don't let friends vote DemocRAT)
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To: RKBA Democrat

Email going around between a few friends is to buy.

Ford at $2 and GM at $4. Didn’t the government say they were going to lend them money?


10 posted on 10/09/2008 6:19:04 PM PDT by VeniVidiVici (Amazing how Obama, Rangel, Biden and Dodd all got killer mortgage rates and below cost property.)
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To: BigEdLB

“Hmmm can you say DJIA 7500”

On what timeline?


11 posted on 10/09/2008 6:20:43 PM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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To: RKBA Democrat

float like a cannonball.....


12 posted on 10/09/2008 6:31:15 PM PDT by happinesswithoutpeace (You are receiving this broadcast as a dream)
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To: RKBA Democrat

By end of the day Friday?


13 posted on 10/09/2008 7:09:32 PM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: redgolum

^N225 Nikkei 225 8,273.91 9:55PM ET Down 883.58 (9.65%)


14 posted on 10/09/2008 7:17:13 PM PDT by traumer
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To: RKBA Democrat

Tomorrow


15 posted on 10/09/2008 7:40:14 PM PDT by BigEdLB (Let's get serious - there is only one choice - McCain/Palin 2008)
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To: BigEdLB

The Dow is so oversold it isn’t even funny.

WEEEEEEEEEEEEEEE for panic and stupidity.


16 posted on 10/09/2008 7:43:21 PM PDT by Almondjoy
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To: BigEdLB

“Tomorrow”

I think that’s low, but you might be proven right.


17 posted on 10/10/2008 12:55:52 AM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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