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Nikkei Dives On Open, Then Claws Back Losses
The Business Insider ^ | 2-7-2010 | Joe Weisenthal

Posted on 02/07/2010 7:40:56 PM PST by blam

Nikkei Dives On Open, Then Claws Back Losses

Joe Weisenthal
Feb. 7, 2010, 8:21 PM

After a jittery end to the US markets on Friday, the Nikkei immediately fell 1% on its Monday open.

But, fortunately, the index has clawed back and now only down modestly. US futures are up modestly.


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


TOPICS: News/Current Events
KEYWORDS: markets; stocks
The Nikkei 225 is down 0.49% as I post. See here.
1 posted on 02/07/2010 7:40:56 PM PST by blam
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To: blam

Down 1% is not a “dive” - it is what usually happens every day...


2 posted on 02/07/2010 7:44:26 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: blam

...lot of red ink on that page...


3 posted on 02/07/2010 7:52:59 PM PST by spokeshave (Third largest employer in the world is UK health system, after the Chinese Army and Indian railways)
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To: blam

Gold holding steady at 1065.

Silver at 15.12.

I will buy tomorrow.


4 posted on 02/07/2010 7:55:45 PM PST by Jet Jaguar
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To: spokeshave
"...lot of red ink on that page..."

Yup.

I read an article the other day that said the Shanghai Composite was the one to watch on that page.

5 posted on 02/07/2010 8:16:46 PM PST by blam
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To: Jet Jaguar
"I will buy tomorrow."

Happy hunting...I'll wait a while longer.

6 posted on 02/07/2010 8:20:49 PM PST by blam
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To: blam

Doesn’t seem like the volatility is that unusual.

See Real-Time Nikkei charts (amont others) with 10-second, 1-minute, 10-minute, hourly, daily and weekly candles, lines, etc. here:

http://www.oilbull.com/index-charts/nikkei/

Opening action doesn’t look article worthy to me, but what do I know?


7 posted on 02/07/2010 8:59:51 PM PST by bluefish (NoBama! Because Commies Suck)
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