Um... Any Marketeers Awake ??? - Asia\Pacific Taking A Major Dive !!!

[WillyT]

Not all markets open, but several have already dropped around 2% of value.

Link: http://finance.yahoo.com/intlindices?u

Interesting Monday ahead, no???

[Tsiyu]

1. This doesn't look good.

"Typhoon" coming?

[RebelYell]

2. Gold is up $4.40 n/t

[nankerphelge]

3. Hmmmm....

Friday was the lowest close in 11 months. Maybe we can go lower still.

[billyoc]

4. Russian Central Bank

not supporting the dollar anymore, repurcussions from that, I'd suspect.

[xray s]

7. Just think about that...the frickin' Russian Central Bank!

We need to rely on the Russians have to prop up our lousy Bush economy!

[RebelYell]

9. China too

If China pulls out, it will take a while, but that would do the dollar in.

[xray s]

12. well...well... well

It was Lenin that wrote "sell them enough rope and capitalists will hang themselves"

[RebelYell]

14. Ding Ding Ding

We have a winner!

[benburch]

5. Stock market crash tomorrow?

This would fit with the October panic model...

[Waistdeep]

8. If there were a crash

You can be sure that the Bush team would be spinning it as market jitters that Kerry was going to steal the election via voter fraud.

[ochazuke]

11. If there were a crash a week before the election

Kerry 55%
Bush 43%

[ogradda]

6. fuck

i hope we can even make it until january.

[loudsue]

10. Wooo! Hold your noses, and take a deep breath!

Looks like we're swimming in deep water!

:kick::kick::kick:

[Eloriel]

13. Some links

China Dumps Dollars for Oil and Gold
(this is apparently misleading, seems China spent $6 million USD on a Canadian mining company)
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x2534275

(Russian) Central Bank stops supporting dollar
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=926043

Dollar Hits Multi-Month Lows Vs Euro, Yen
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x929645

I don't know squat about this stuff, except yeah, should be an interesting Monday on Wall St. Looks like I'll be tuning into CNBC for a change.

[Boredtodeath]

15. India dumping dollars too

http://www.minesite.com/storyFull.php?storySeq=160

Stop Press!!! India Puts The Boot Into US Dollar.

No it wasn’t hindsight. Minews was sitting on Eurostar on the way to Paris last weekend when his eye was drawn to a headline in the Pinker than Pink ‘Un which read as follows. “India to dip into forex reserves to build roads.” Looks innocuous enough, but it was the signal long awaited that the US dollar would finally crack. For a long time now India, China, Japan and a number of other countries have been reinvesting the dollars they have been paid for exports in low yielding US Treasury bonds. India has around US$120 billion foreign exchange reserves and most of that is in these bonds which have been depreciating against the euro, pound and yen.

[loudsue]

16. Kick n/t

:kick::kick::kick:

[troubleinwinter]

17. Kickin'

[Tsiyu]

18. Kick

:kick:

Almost all Asian are down. Some significantly, even China.

[WillyT]

19. HOLY CRAP !!! -Look At What Europe Is Doing !!!

:scared::evilfrown::scared:

[bling bling]

20. What? What? Please elaborate -- I am a market neophyte. n/t

[WillyT]

21. Check The Link:

Link: http://finance.yahoo.com/intlindices?u

Everybody looks about to have a real bad day!

:shrug:

[anarchy1999]

23. Could this be the "October Surprise"? Quite possibly.

Damn.

n/t

[foo_bar]

22. it's about the bling bling

The dollar extended last week's losses and fell to an eight-month low against the euro, an eight-year lows versus the Swiss franc and a six-month low versus the yen Monday on concerns about the U.S. current account deficit.

http://money.cnn.com/2004/10/25/markets/dollar.reut/index.htm

[Lydia Leftcoast]

25. The yen has risen 0.98 against the dollar since yesterday

:wtf:

This is with Japan being pummeled by one natural disaster after another. Maybe they're withdrawing some of their money from international markets to take care of things at home.

[HFishbine]

24. Looking for -2% to -5% on the DOW today.

I'm no charting expert, but even to a novice it seems obvious.