Skip to comments.TOKYO Market OPEN (Other Asian Markets Opening, Too)
Posted on 09/28/2008 5:02:59 PM PDT by AmericanInTokyo
OK folks, the first curtain goes up globally.
9:00 a.m. local here Monday. 8:00 p.m. Sunday Eastern.
Your mileage may vary.
In politics, nothing happens by accident. If it happens, you can bet it was planned that way.
Franklin D. Roosevelt
All your economy are belong to US.
Thanks. And, as much as I hate to admit it, it's true.
The markets will all be up with the euphoria of this bail. What happens tomorrow or maybe even in the next week or two does not define the effect of this bill. Once the reality that this bill does nothing to solve the deeper problems we are going through then everything will fall apart again. And things will be even worse.
Someone pointed out that this bill allows Paulson or Ben or somebody to allow zero reserves at the banks. It sounds like The whole system is going to be drained by the rich and then they will let it all come down.
So much for the term “Full Faith and Trust In The United States Treasury”.
Maybe it’ll wash away the body odor of the anime crowd and commuter train gropers.
Your “Godfather” is the problem.
I drive, so I dont have a clue these days.
Then I would surmise, buy foreign currencies with dollars today (on line real time as Asian markets are open), while the buck is driven up on this pipe dream, bipartisan shit sandwiching-eating love fest, then in about three or four days when the fine print is read, yes, US markets will turn south, as will US dollar. And turn some profit with those foreign currencies. Which ones to pick is the headache aspect. Your mileage may vary. Risk is assumed.
|Symbol||Name||Last Trade||Change||Related Info|
||19.20 (0.39%)||Components, Chart, More|
||3.72 (0.16%)||Chart, More|
||95.33 (0.51%)||Components, Chart, More|
||0.00 (0.00%)||Chart, More|
||0.00 (0.00%)||Components, Chart, More|
|^KLSE||KLSE Composite||N/A||0.00 (0.00%)||Components, Chart, More|
||54.49 (0.46%)||Chart, More|
||28.51 (0.89%)||Components, Chart, More|
||4.15 (0.17%)||Components, Chart, More|
||7.19 (0.49%)||Components, Chart, More|
||0.00 (0.00%)||Chart, More|
Reuters - 1 hour 19 minutes ago
SEOUL, Sept 29 - Recent won declines against the dollar are excessive and South Korea will take measures to stabilise the market, a senior Finance Ministry official said on Monday, as the currency fell to 4-year lows against the dollar.
"The government views the foreign exchange rate's movements as excessive. The government will take necessary measures to stabilise the market," Choi Jong-ku, head of the ministry's international finance bureau, said in a statement.
comment: U.S. investors are repatriating their money from S. Korean stock market. They are selling won and buying dollar to do that. Besides, S. Korea started to run trade deficits. All these contribute to less dollar and more won, raising won:dollar exchange rate.
One dollar could go beyond 1,200 won in a day or two if the current trend continues.
You drive in Tokyo? Maybe I have the wrong image of the city, but it seems to me that the roads are merely enormous sidewalks.
Hey you know this is strange. The us futures have all tanked now. Dow futures down -74. I saw them up 30 a little while ago.
Japan up 54 but they have been on lunch break.
Hong Kong down -393.
You can bet the attorneys and accountants that put this thing together in such sort time/order are gonna make a bundle considering they had to do it where nobody understands it for a week or so.
You drive in Tokyo? Now you have us all wondering - what - how often - is it fun - do you have parking.