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Japan Stock Market Falling off A Cliff
Yahoo! Finance ^ | Today | Yahoo! Finance

Posted on 10/07/2008 10:14:18 PM PDT by Arkinsaw

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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
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To: cookcounty

I wonder how this will effect the on-line poker community?


62 posted on 10/07/2008 10:55:57 PM PDT by Lancey Howard
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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)
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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)
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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
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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
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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 !!!!)
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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
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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)
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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)
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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
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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!)
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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)
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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
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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.)
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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
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To: AmericanInTokyo

I wonder just how freakin low the markets can go.

It is becoming a bit concerning...


77 posted on 10/07/2008 11:02:15 PM PDT by silentknight
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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)
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To: silentknight

“a bit”? :)


79 posted on 10/07/2008 11:03:55 PM PDT by jddqr (Chuck Baldwin for President '08)
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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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