Oh Hell... Asian Markets Goin Down... Again...

[WillyT]

Link: http://finance.yahoo.com/intlindices?e=asia

This does NOT look good.

I really don't know much about this stuff, but I've heard that any drop over 2% in any given trading day is not a good thing.

So... look at the percentages here.

:shrug:

[ruiner4u]

1. Asia is a volatile place..

They are dramatic percentages, however you look at the 5 year graphs you will see how inflated these markets are.. Whats going on right now is a much needed correction..

At the moment in Europe it is calm, with losses only in the half percentage marks..

[WillyT]

3. Um... Unless I'm Looking At It Wrong, Europe Has Yet To Open !!!

Give it a few more hours, and we'll all be blinded by the light!!!

:shrug:

:hi:

[ruiner4u]

5. LOL your right...

its still holding yesterdays info...:)

I thought it was a lot later then it is...


But I still stick with what I said about asia... Hopefully europe fairs better and im sure they will..

[ellaydubya]

2. Buckle up, mis amigos

I do not like being negative, but I must be realistic. We are finally getting ready to pay the piper. We have been talking around this for awhile, but I think now all the planets are aligned.

Live simply- that is the key.

At least we have each other to commiserate with- I think that will help tremendously. It will for me.

Peace on Earth,

Ellay

[WillyT]

4. Peace On, Ellay !!!

Live simple, blend in well, LOL!!!

:hi:

[alfredo]

6. Discussion on this and some explanation at this link

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x1595856

[WillyT]

7. Thank You !!!

:hi:

[alfredo]

10. Welcomed. It's could be a very bad day.

[MidwestTransplant]

8. Wow Korea down 6.74% That's like 875pts on the Dow.

[neverforget]

9. Don't worry though. Bush will save the day and talk about how strong

the economy is and how great his tax cuts have been.

The era of borrow and spend is coming to an end.