Ready for another round of Asian Stocks?

[nadinbrzezinski]

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

Quite a bit of red folks

[OrangeCountyDemocrat]

1. Does Hong Kong Open In 1/2 Hour?

[nadinbrzezinski]

2. Think so and the Nikkei is not doing well

that was the one to watch... they are down 2.33 percent right now

Monday could really be ugly, and tomorrow

Ouch

[OrangeCountyDemocrat]

4. Hong Kong Is Already Open

It opened 45 Minutes ago actually.

Looks like it was down 0.5% at 10:30 EST.

http://new.quote.com/stocks/adv_chart.action;jsessionid=F6qQATkdFC6yo4OX?s=%24HSI.X-HKG

HANG SENG INDEX $HSI.X-HKG (HKGI)
Min Delayed: 15

Last
20,562.10
Change
-110.29

Chg%
-0.53 %

Volume
0

Last Trade
Aug 16 2007 22:11:52 EDT

[nadinbrzezinski]

5. Thanks

Then Yahoo is not tracking

That is another problem

[bridgit]

3. ashes, ashes, all fall down...

[kineneb]

6. uh-oh

sure glad I have no ponies in this race... Am I wrong, or will there be a time when the central banks/PPT can no longer bail out the market?

I guess there are ironic advantages to being poor: when the market tanks, we have nothing to lose.

Actually, having some money would have been nice, but we would have had to spend it all on Hubby's care (dialysis=$24K! per month). I want universal single-payer health care, and I want it now. Three years ago would have been even better.

[nadinbrzezinski]

7. I agree with you with single payer

but your horse in this is a job... as menial or badly paid as it may be

One of the consequences of the D word was a drying up of jobs as people holed up and spent on bare essentials

[kineneb]

9. unfortunately, I am an unpaid caregiver

for Hubby. We live on his SSDI.

My jobs are cash: music lessons, piano tuning, decorative crafts and paintings. I know those will dry up. That is why I have been working on getting a garden going and being able to make stuff myself (have spinning wheel, will knit). Now if I could just convince Hubby to let me have pygmy Angora goat...

[nadinbrzezinski]

10. I'm sorry, we need this country to evolve

to be honest

And this may be one reason why it evolves.

[Liberal In Texas]

8. Well, I went for the Euro/Pac fund. Heavily.

I'm hoping that they will ride out US funds in the long run.

But what do I know?

[OrangeCountyDemocrat]

13. Is That Peter Schiff's Fund?

It's doing VERY well this year.

He's going to be on CNBC tomorrow morning at 11 AM EST.

[Selatius]

11. It's a massive correction over several days.

Don't know when the falling will stop.

[nadinbrzezinski]

12. Yeah I am wondering whether it will stop at the correction

levels... if this gets into the 20% or above losses, we are talking Deep Correcttion, anything above that...

And THAT is what I am afraid off

I have said it over a couple of years, the economic conditions at the macro level are eeriely similar to 1929

[Art_from_Ark]

14. "Correction" =

Pulling the rug out from underneath the small investors who jump in for the "suckers' rallies"

At the Stock Market Casino, the house always wins.

[RB TexLa]

15. There are many bargains to be picked up over there

:)

[nadinbrzezinski]

16. Just like here

but the question is which ones will recover from junk status and which ones will not

Remember the liquidity crunch has the talking heads spooked for good reason

[nadinbrzezinski]

17. Ok they are really getting hammmered

And I wish I could just post with the apropriate color