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I'm watching the Asia markets in real time lose 1 to 4 points every 30 seconds.

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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:33 PM
Original message
I'm watching the Asia markets in real time lose 1 to 4 points every 30 seconds.
Tomorrow could be BAAAAD on Wall Street.

Watch http://finance.yahoo.com/intlindices?e=asia and about every 30 seconds the Hang Seng and Nikkei 225 are losing another 1 to 4 points. It's starting to look really scary.
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inanna Donating Member (672 posts) Send PM | Profile | Ignore Thu Aug-16-07 11:35 PM
Response to Original message
1. I agree
I'm watching this very closely. This is terrible.
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:36 PM
Response to Original message
2. Hang Sung was up the last time I checked. Oh well.
Edited on Thu Aug-16-07 11:37 PM by alfredo
Europe's markets


FTSE 100 5859 -250.40 (-4.10%)
CAC 40 5265 -177.25 (-3.26%)
DAX 30 7270 -175.83 (-2.36%)
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:36 PM
Response to Original message
3. Like a tsunami perhaps....
:hide: :yoiks:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:37 PM
Response to Original message
4. Yep, been posting bout this since it opened
wall street hung by a thread (and an injection of funds and a stop in trade) today

Tomorrow will be bad

Monday could be worst
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:43 PM
Response to Original message
5. The hanseng just lost 3% of its value
that is over 600 points, and the Nikei has as well

Its going to be a bumpy night AGAIN
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eleny Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:48 PM
Response to Reply #5
9. Nikkei down 4.00% now
Watching Bloomberg flash the numbers. Jeez.
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:49 PM
Response to Reply #5
10. Down 700 now......
where's the floor?
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:51 PM
Response to Reply #5
12. I thnk we are on freefall
unless they stop the trading, like they did this morning here, the floor is a long way down... god how many hours of this are left?
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:43 PM
Response to Original message
6. Nikkei 225 just now lost 40 points in less than a minute. nt
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:44 PM
Response to Reply #6
7. You watched the Hinseng
I hope I'm wrong but its starting to look like oh freefall
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:50 PM
Response to Reply #7
11. That too. HSI went from -600 to -700 in the last 10 minutes. nt
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-16-07 11:45 PM
Response to Original message
8. Thrift retirement funds bye bye.
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cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 12:22 AM
Response to Original message
13. A market is only as good
as its weakest link. And I'm referring to the world economy, which is interconnected like a giant spider web. If a small economy falls, it could take down the US currency. Especially since the economy is weak and vulnerable right now. I'm not kidding. We've already seen this happen, with the Thai Baht which collapsed back in 1993.

It was a real crisis, but they were able to patch it together before it took down more currencies with it. This time they may not be so lucky.

You better believe they are watching this meltdown in New York and reciting their most fervent prayers.
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 12:28 AM
Response to Original message
14. Top story in European Index.
"European shares seen rebounding after US rally".

Sure don't look like it to me. Another freefall.

http://finance.yahoo.com/intlindices?e=europe
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hvn_nbr_2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 01:52 AM
Response to Original message
15. Looks like Hang Seng stabilized but Nikkei drop is accelerating
I'm posting at almost midnight Pacific time, about 2 1/2 hours after the OP. The Hang Seng looks like it stabilized, actually flat-lined. It's so flat that I suspect some government intervened and froze things. Nikkei looks like its drop is accelerating.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 01:55 AM
Response to Reply #15
16. It has flatlined
either they stopped trading or I don't know what
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Jim Warren Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 01:57 AM
Response to Reply #16
17. Market closed nt
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:01 AM
Response to Reply #17
18. Yeah right now looking for the spin
well tomorrow will be fun with the Dow huh?
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:04 AM
Response to Reply #18
19. and found it
Japan's Nikkei 225 index was down 3.5 percent in early afternoon trading on the Tokyo Stock Exchange. Hong Kong's blue chip Hang Seng Index was down 3.0 percent at midday, and the Korea Composite Stock Price Index was down 2.2 percent after dropping 6.9 percent in the previous session.

-----------------

Only 3.5% who are they kidding?

http://news.yahoo.com/s/ap/20070817/ap_on_bi_ge/world_markets;_ylt=AlTQrGKGa0TEjJ.Y4ACUjYiyBhIF
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Jim Warren Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:05 AM
Response to Reply #18
20. Nikkei tanking on weak dollar
Stronger Yen is giving the car guys fits on exports
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:07 AM
Response to Reply #20
21. Don't doubt it
I've got the feelign this ain't over
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Jim Warren Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:10 AM
Response to Reply #21
23. yen headed for its biggest weekly gain in almost nine years
Aug. 17 (Bloomberg) -- The yen headed for its biggest weekly gain in almost nine years and Asian stocks tumbled as investors fled high-yielding or riskier assets funded by loans in Japan's currency.

The yen gained against all 16 of the most-actively traded currencies. Benchmark stock indexes in Japan, Hong Kong and South Korea tumbled as much as 3 percent, led by Toyota Motor Corp., China Mobile Ltd. and Hyundai Heavy Industries Co.

``The market seems to be saying that it's frightened,'' said Jeremy Hall, who helps oversee $3.5 billion at Henderson Global Investors Ltd. in Singapore. ``It's not sure what it's frightened of, but it's still running anyway.''
http://www.bloomberg.com/apps/news?pid=20601087&sid=ak1p9.WgPTY0&refer=worldwide
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-17-07 02:09 AM
Response to Reply #20
22. and the truth on the AP photo
Brokers at Tokyo Stock Exchange in Tokyo react while gazing at the stock price board Friday afternoon, Aug. 17, 2007 as Japanese stocks fell more than 5 percent to a one-year low. The Nikkei 225 closed down 874.81 points,

SLEEK
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