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Asian Markets Down Big . . .

Discussions about the economic and financial ramifications of PEAK OIL

Re: Asian Markets Open Down Big

Unread postby cube » Fri 10 Oct 2008, 01:38:36

Yahoo news

No need to read the entire article here's the best part:
$this->bbcode_second_pass_quote('', 'I')n Tokyo, the gut-wrenching drama left individual investors shellshocked.
....
"I pray before I go to bed that the Dow will recover," said Akasaka, 69, as he scanned a monitor displaying the latest market levels. "I get sleepless, thinking about losses."

I've never heard of that investment strategy before. :wink:

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Re: Asian Markets Open Down Big

Unread postby Cid_Yama » Fri 10 Oct 2008, 02:35:32

My cable company doesn't have financial market coverage until 3 AM. I'm missing the show!

I'm sure there will still be plenty of panic to watch after the Asian markets close, but dang!
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Re: Asian Markets Open Down Big

Unread postby the48thronin » Fri 10 Oct 2008, 02:38:13

$this->bbcode_second_pass_quote('Cid_Yama', 'M')y cable company doesn't have financial market coverage until 3 AM. I'm missing the show!

I'm sure there will still be plenty of panic to watch after the Asian markets close, but dang!



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Re: Asian Markets Down Big . . . Deja Vu

Unread postby Fiddlerdave » Fri 10 Oct 2008, 02:57:03

$this->bbcode_second_pass_quote('thuja', 'H')ow does that even work? Stock prices are frozen? No worldwide trading? How does that stop an economic meltdown? Suddenly people can't sell their assets? Wouldn't that lead to riots and blood on the street?
Nice to see some people catching on!
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Re: Asian Markets Down Big . . . Deja Vu

Unread postby smallpoxgirl » Fri 10 Oct 2008, 03:04:22

You know, I always thought the people with the CT's about how the 2008 election was going to be canceled were wingnuts. Now I'm starting to wonder if they were onto something.
"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
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Re: Asian Markets Down Big . . . Deja Vu

Unread postby Zardoz » Fri 10 Oct 2008, 03:16:54

What a bloodbath.

Friday could be the goriest day yet on Wall Street. Brace yourselves for a 1000-point drop.

It would be really interesting to see an interview with the mad scientists who dreamed up the insane "financial instruments" that caused all this. What would they have to say?
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Re: Asian Markets Down Big . . . Deja Vu

Unread postby Tanada » Fri 10 Oct 2008, 07:19:22

$this->bbcode_second_pass_quote('Zardoz', 'W')hat a bloodbath.

Friday could be the goriest day yet on Wall Street. Brace yourselves for a 1000-point drop.

It would be really interesting to see an interview with the mad scientists who dreamed up the insane "financial instruments" that caused all this. What would they have to say?


The same thing they always say $this->bbcode_second_pass_quote('', 'J')ust because I invented it does not mean I am moraly responsible for how it is used...
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Asian Markets Down Big . . . Deja Vu

Unread postby Armageddon » Fri 10 Oct 2008, 08:55:49

$this->bbcode_second_pass_quote('smallpoxgirl', 'Y')ou know, I always thought the people with the CT's about how the 2008 election was going to be canceled were wingnuts. Now I'm starting to wonder if they were onto something.



It's either that, or they want Obama to win so they can blame the crash on the black man. Maybe you will come around on the 911 being an inside job too ? Believie it or not, but the Rothschilds and Rockefellers ( and a few others ) do really pull the strings and are PO aware. 911 was needed.
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Re: Asian Markets Open Down Big

Unread postby RdSnt » Fri 10 Oct 2008, 09:23:15

The way the Dow futures look at the moment I can see the possibility of a halt in trading today on Wallthief.
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Re: Asian Markets Open Down Big

Unread postby Niagara » Fri 10 Oct 2008, 09:28:35

$this->bbcode_second_pass_quote('RdSnt', 'T')he way the Dow futures look at the moment I can see the possibility of a halt in trading today on Wallthief.


That just makes things worse. It builds even more fear and panic.

This needs to run it course and find a bottom, wherever that may be.
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Re: Asian Markets Down Big . . .

Unread postby Armageddon » Mon 13 Oct 2008, 23:47:40

The nikkei is up over 1,000 pts.
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Re: Asian Markets Down Big . . .

Unread postby Zardoz » Tue 14 Oct 2008, 00:36:11

$this->bbcode_second_pass_quote('Armageddon', 'T')he nikkei is up over 1,000 pts.

Almost 1100 now. All the others are up, too, as are Dow and S&P futures. Should be another up day tomorrow.

Let's see how long this lasts.
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Re: Asian Markets Down Big . . .

Unread postby hironegro » Tue 14 Oct 2008, 01:13:44

$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('Armageddon', 'T')he nikkei is up over 1,000 pts.

Almost 1100 now. All the others are up, too, as are Dow and S&P futures. Should be another up day tomorrow.

Let's see how long this lasts.


What could stop it?
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Re: Asian Markets Down Big . . .

Unread postby drgoodword » Tue 14 Oct 2008, 01:57:03

$this->bbcode_second_pass_quote('hironegro', '')$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('Armageddon', 'T')he nikkei is up over 1,000 pts.

Almost 1100 now. All the others are up, too, as are Dow and S&P futures. Should be another up day tomorrow.

Let's see how long this lasts.


What could stop it?



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