Asian Shares: Nikkei hovers above 8,000, Hang Seng below 14,000 (dropping like a rock)

Market Watch ^ | 10/22/08 | V. Phani Kumar

[Moonman62]

"You've just got investors getting very worried, with very strong and its' very difficult to exporters to see any growth going ahead," he added.

Even in Japan, exports are a minor portion of the economy. They should be worried about what's going on domestically.

[brityank]

Yeah; seems as if the “full faith and credit” has now become the Feds “full squeeze and squander”!!

[Doofer]

I was living there at the time. The worst was the hospital bill after our son was born. I was reimbursed later but I had to fork out the cash first and then turn in a claim. Ouch. The best was when we moved into base housing and got the deposit back for the apartment we moved out of. I had paid the deposit when the yen was about 135 to the dollar and got it back at about 90.

I hear you, but I still loved the place.

[blam]

Financial crisis: Asian markets plunge after Wall Street slide

[blam]

Asia stocks fall on profit fears; SKorea off 8 pct

[TigerLikesRooster]

Yes, I hear screams coming from all over Asia. The today's level of share prices in S. Korea is about right.

It was way too much inflated, IMHO.

[montag813]

Nikkei rebounds, only down 3% now.

[TigerLikesRooster]

Currently, shares in many countries are showing simultaneous rebound. S. Korea, Japan, China, and Hong Kong.

Yo-yo days again? However, I suspect the market will end low, not a little low, when the day is over.

[montag813]

As I told y’all last November on this forum (after the Dow suffered a “Gatekeeper” 78% fibonacci top, and reiterated again 2 weeks ago when the Dow hit 9700...this market is going to 7200. There can be no bottom until it does.

[TigerLikesRooster]

We are getting there.

Symbol	Name	Last Trade	Change	Related Info
^AORD	All Ordinaries	3,939.30 1:11AM ET	180.80 (4.39%)	Components, Chart, More
^SSEC	Shanghai Composite	1,875.56 3:00AM ET	20.26 (1.07%)	Chart, More
^HSI	Hang Seng	13,760.49 4:27AM ET	506.11 (3.55%)	Components, Chart, More
^BSESN	BSE 30	10,250.43 4:29AM ET	80.53 (0.79%)	Chart, More
^JKSE	Jakarta Composite	1,331.17 4:44AM ET	48.57 (3.52%)	Components, Chart, More
^KLSE	KLSE Composite	N/A	0.00 (0.00%)	Components, Chart, More
^N225	Nikkei 225	8,460.98 3:00AM ET	213.71 (2.46%)	Chart, More
^NZ50	NZSE 50	2,807.34 12:31AM ET	92.06 (3.18%)	Components, Chart, More
^STI	Straits Times	1,764.66 4:44AM ET	56.47 (3.10%)	Components, Chart, More
^KS11	Seoul Composite	1,049.71 2:02AM ET	84.88 (7.48%)	Components, Chart, More
^TWII	Taiwan Weighted	4,730.51 1:45AM ET	132.08 (2.72%)	Chart, More