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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:49 PM
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Any Word on The Overseas Markets...



..pre day trading yet......better....worse
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:50 PM
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1. Trading day is underway......UGLY in Sydney, Tokyo and HongKong
www.marketwatch.com


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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 09:04 PM
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5. OUCH... the FTSE and the rest will not be fun either
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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:51 PM
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2. Asian markets down 3%; Aussie bank plunges 16%....
Asia Stocks Tumble to 3-Year Low on Bank Woes; Macquarie Slumps

By Patrick Rial and Masaki Kondo
Enlarge Image/Details

Sept. 18 (Bloomberg) -- Asian stocks tumbled to the lowest in three years as concerns mounted more financial firms will collapse after the U.S. government's takeover of American International Group Inc.

Macquarie Group Ltd., Australia's largest investment bank, plunged 16 percent. Kookmin Bank, South Korea's biggest lender, dropped 5.5 percent, while Japan's largest lenders were all untraded with the shares offered lower.

``Amid confusion and anxiety in financial markets, investors are more and more reluctant to take risk,'' Yoshinori Nagano, a Tokyo-based senior strategist at Daiwa Asset Management Co., which manages $94 billion, said in an interview with Bloomberg Television. ``Everything hangs on U.S. financial firms.''

The MSCI Asia Pacific Index fell 2 percent to 108.34 as of 9:19 a.m. in Tokyo, set for the lowest finish since October 28, 2005. Japan's Nikkei 225 Stock Average plunged 2.6 percent to 11,441.81. Equity benchmarks throughout the region declined.

<snip>

http://www.bloomberg.com/apps/news?pid=20601087&sid=arW7eBYLDv6s&refer=home
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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 08:51 PM
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3. Nikkei's down nearly 400.
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Ikonoklast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 09:03 PM
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4. Tokyo, Shanghai getting hammered
http://www.marketwatch.com/

Bank of Japan added 1.5 trillion yen in liquidity, Reserve Bank of Australia added $3 billion, markets still sliding...
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 09:16 PM
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6. Moscow suspended all trading.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-08 09:17 PM
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7. Here's Asia and it's not looking good
http://finance.yahoo.com/intlindices?e=asia

Europe's not awake yet, but expect a bloodbath there, too.

Round 3 here tomorrow.

I still think there will be a weak rally as bargain hunters come out of the woodwork, but I've been wrong before...
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