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Bad Monday in Asia
Yahoo!Finance ^ | 03/17/08

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 10:33PM ET Down 156.70 (2.96%) Components, Chart, More
^SSEC Shanghai Composite 3,873.54 9:59PM ET Down 89.14 (2.25%) Chart, More
^HSI Hang Seng 21,109.58 10:18PM ET Down 1,127.53 (5.07%) Components, Chart, More
^BSESN BSE 30 15,760.52 Mar 14 0.00 (0.00%) Chart, More
^JKSE Jakarta Composite 2,263.51 10:32PM ET Down 119.91 (5.03%) Components, Chart, More
^KLSE KLSE Composite 1,194.84 Mar 14 Down 6.51 (0.54%) Components, Chart, More
^N225 Nikkei 225 11,726.99 10:00PM ET Down 514.61 (4.20%) Chart, More
^NZ50 NZSE 50 3,430.24 10:13PM ET Down 70.67 (2.02%) Components, Chart, More
^STI Straits Times 2,753.13 10:33PM ET Down 85.88 (3.03%) Components, Chart, More
^KS11 Seoul Composite 1,539.87 10:33PM ET Down 60.39 (3.77%) Components, Chart, More
^TWII Taiwan Weighted 7,907.93 10:33PM ET Down 253.46 (3.11%) Chart, More


TOPICS: Business/Economy; Japan; Your Opinion/Questions
KEYWORDS: asia; globaleconomy; imminentdestruction; ormaybenot; stpatricksmassacre; wereallgonnadie
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1 posted on 03/16/2008 7:34:50 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...

Ping!


2 posted on 03/16/2008 7:35:59 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

pong


3 posted on 03/16/2008 7:36:31 PM PDT by al baby (Hi mom)
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To: TigerLikesRooster

how did we land on friday here, I can’t recall...


4 posted on 03/16/2008 7:36:50 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: TigerLikesRooster; Jet Jaguar; AmericanInTokyo; Tamar1973; monkapotamus; All

MAN US dollar getting kill like Godzilla smackdown Tokyo LOL!


5 posted on 03/16/2008 7:39:10 PM PDT by SevenofNine ("We are Freepers, all your media belong to us, resistence is futile")
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To: TigerLikesRooster

Fed acts Sunday to prevent global bank run Monday

By Rex Nutting, MarketWatch

Acting quickly to prevent a run on major global financial firms, the Federal Reserve cut its discount rate by a quarter percentage point to 3.25% and offered to lend money to a longer list of firms than ever before.

http://www.marketwatch.com/news/...5F05D859B76%7D&siteid=rss


6 posted on 03/16/2008 7:39:33 PM PDT by forester (An economy that is overburdened by government eventually results in collapse)
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To: TigerLikesRooster

There is panic in the air. Fed cut. Bear Stern bought for a lowly $2 a share. Emergency Fed meeting scheduled for Tuesday.


7 posted on 03/16/2008 7:40:19 PM PDT by Always Right (Was it over when the Germans bombed Pearl Harbor?)
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To: TigerLikesRooster

Look out below!


8 posted on 03/16/2008 7:41:37 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: TigerLikesRooster

Spot gold and silver in Asia have gone ballistic and hit new all-time highs, another sign of interest.

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


9 posted on 03/16/2008 7:41:49 PM PDT by Cicero (Marcus Tullius)
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To: forester
By Rex Nutting, MarketWatch Acting quickly to prevent a run on major global financial firms, the Federal Reserve cut its discount rate by a quarter percentage point to 3.25% and offered to lend money to a longer list of firms than ever before.

You have got to be freaking kidding me! Bernanke, the poor guy. He must be sweating bullets. I feel bad for him.

This is beyond extraordinary.

10 posted on 03/16/2008 7:42:07 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: forester

Bad link here is the right one

http://www.marketwatch.com/news/story/story.aspx?guid=%7B43265631%2D1656%2D4697%2D8377%2D55F05D859B76%7D&siteid=rss


11 posted on 03/16/2008 7:42:20 PM PDT by forester (An economy that is overburdened by government eventually results in collapse)
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To: TigerLikesRooster

Gold up more than $20/oz from Friday’s close, to around $1,025.

Ugly opening tomorrow for NYSE and NASDAQ.


12 posted on 03/16/2008 7:42:22 PM PDT by southernnorthcarolina (Go to Hell, Dook!)
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To: Cicero

how’s crude?


13 posted on 03/16/2008 7:42:50 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: TigerLikesRooster

The Great Panic of 2008 is underway. Gonna be some amazing stories for the grandkids. My Dad is 80. I never thought he might live through 2 Depressions in a single lifetime.


14 posted on 03/16/2008 7:43:26 PM PDT by montag813
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To: the invisib1e hand

Been reading about it all weekend...doesn’t look good...


15 posted on 03/16/2008 7:43:51 PM PDT by forester (An economy that is overburdened by government eventually results in collapse)
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To: TigerLikesRooster

WE ALL GOING TO DIEEEEEEE


16 posted on 03/16/2008 7:44:56 PM PDT by SevenofNine ("We are Freepers, all your media belong to us, resistence is futile")
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To: forester
"Today's moves by the Federal Reserve are the desperate acts of failing men," he said.

Well, Mr. Bernanke sure gives that read.

Gold up 2% isn't exaclt "ballistic" for a market that's hyperbolic to begin with.

17 posted on 03/16/2008 7:45:56 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: TigerLikesRooster

Dow losses accelerating. Nearing -300 now.


18 posted on 03/16/2008 7:46:08 PM PDT by montag813
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To: the invisib1e hand

I don’t have that right at hand, I’m afraid. Just the NY prices, which are closed.


19 posted on 03/16/2008 7:46:58 PM PDT by Cicero (Marcus Tullius)
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To: TigerLikesRooster
It seemed like such a good idea at the time, to set up Asia as America's manufacturer, protect the home market and export to beat hell.

Nobody ever thought the US consumer would eventually run out of credit...

20 posted on 03/16/2008 7:47:15 PM PDT by Last Dakotan
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