All Asian Markets DOWN - Bloody Monday Coming?

Yahoo! Finance ^ | 03/30/09

[GLDNGUN]

ALL 11 Asian markets that I monitor are currently down.

[meanie monster]

lol, run with it..

[USFRIENDINVICTORIA]

Government control of private businesses is the essence of fascism.

[Mister Muggles]

Asian markets are down only slightly...if hardly at all; less than .25% on the Nikkei and China. Hang Seng is actually UP a bit. Nothing out of the ordinary for the first session of the week. Business as usual.

Straighten that knot out of all your panties, ok?

[Glenn]

I am but a simple minded-idiot...

But it seems to me that the trashing of GM cannot hold good things for the market today. Any company in peril will turtle-up at this point. No more begging for bailouts. No more attempting to ride out the storm. Marginal companies will just file for bankruptcy rather than risk the humiliation of the Obama Inquisition teams.

[period end of story]

If you are wrong, will you bail me out? ; )

What are your measurements?

[tcrlaf]

“Asian markets are down only slightly”

This is SLIGHTLY??????

Nikkei 225 8,280.05 -346.92 -4.02%
Hang Seng 13,691.99 -427.51 -3.03%
Straits Times 1,681.07 -64.59 -3.70%

LIVE numbers from Yahoo. Euro markets open in a couple of hours. THEN we will get to see the REAL extent of what’s coming.

[antceecee]

I am just amazed to see politicians running industry in this country. They can barely run the country. Running private industry is a disaster.

[Chgogal]

Hey, what ARE you implying? ; )

[period end of story]

Hey, what ARE you implying? ; )

Only love, my dear. Only LOVE, and all that goes with it.

[pissant]

Obamanomics

[tcrlaf]

UPDATE:
Nikkei Closes Down 4.53% At 8,236.08

TOKYO (Nikkei)—Tokyo shares fell sharply Monday, with the Nikkei Stock Average finishing down 4.53% at 8,236.08

[kenth]

I would have thought the market rumble would be that they are spooked that the big 0 will start trying to micromanage other industries and start firing other CEOs.

[RC one]

I bought gold this week and stayed the hell away from stocks. I agree, it’s a sucker’s rally until unemployment reverses direction. I believe I’ll pick up a hundred more ounces of silver today and, possibly, a few more Krugerrands in anticipation of high inflation over the next several years. The place where I bought the gold was completely out of silver. I’m not sure what to think about that. It could suggest a higher than normal demand. I also read that the NYSE is completely out of 1 kg gold bars which suggests a higher than normal demand as well.

[tcrlaf]

ANOTHER Update:

“The benchmark Hang Seng Index ended the session down 427.51 points at 13,691.99. Turnover was 26.03 billion Hong Kong dollars (3.34 billion US).”

[NinoFan]

Yes, but it’s only ‘slightly’ down. ;)

[mkjessup]

The Usurper’s firing of GM’s CEO (no matter that the CEO was an idiot) combined with 0bama’s political-erectile-dysfunction regarding North Korea’s impending missile launch tells the markets that the bears are about to arrive.

[tcrlaf]

Yet ANOTHER UPDATE:

PARIS, March 30, 204AM EDT (Reuters) - European stock index futures pointed to a lower start on Monday, after news that Spain will bail out a bank and the U.S. government rejected viability plans from General Motors (GM.N) and Chrysler.

At 0602 GMT, futures for the Eurostoxx 50 STXEc1, Germany’s DAX FDXc1 and the French CAC 40 FCEc1 were down 1.5-1.7

[GLDNGUN]

Asian markets are down only slightly...if hardly at all; less than .25% on the Nikkei and China. Hang Seng is actually UP a bit. Nothing out of the ordinary for the first session of the week. Business as usual. Straighten that knot out of all your panties, ok?

I think you better turn your charts right side up so you can read them correctly. Unless, of course, you are too occupied with that "wedgie".

[GLDNGUN]

I bought gold this week and stayed the hell away from stocks.

Bullion or rare coins? Your thoughts on them at this point?

[Cobra64]