Asian Markets down big....

[BuckNaked]

EDIT FOR 11/20:

^HSI Hang Seng 26,845.67 12:48AM ET Down 925.54 (3.33%)

^N225 Nikkei 225 14,811.96 12:43AM ET Down 399.56 (2.63%)

^KS11 Seoul Composite 1,806.99 1:02AM ET Down 65.25 (3.49%)



From Original post 11/12

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

^HSI Hang Seng 27,665.73 3:23AM ET Down 1,117.68 (3.88%)

^KS11 Seoul Composite 1,923.42 1:02AM ET Down 67.05 (3.37%)

^N225 Nikkei 225 15,197.09 2:00AM ET Down 386.33 (2.48%)


Guess we will see what happens in the European markets soon, and the US markets later....

http://www.nytimes.com/2007/11...ml?_r=1&hp&oref=slogin

 

[UncleWai]

I am fucked.

 

[BigJelly]

ooooooooooooooooooohhhhhhhhhhhhhhh nnnnnnnnnnnnnnooooooooooooooooooooo
the world's coming to an end

when in danger
when in doubt
run in circles
scream and shout

 

[Epic Fail]

google will save the world.

 

[Capt Caveman]

Need to see if there are any bargains to be had...

 

[OverVolt]

balls... I hate bad economic news.

 

[shiner]

Does this mean I can get a better deal on a hot little Korean "housekeeper?"

 

[Pliablemoose]

US market futures are up though...

 

[ponyo]

We're finally seeing the momos get hit so that's a good sign if you want faster recovery. People have been hiding in Google, RIMM, BIDU, Apple, and names like these. Even in previous market downturns, these have been spared as everyone hid in these. Now even the momos are getting hit and feeling the pain. That's good for the market. But I think we need more pain. Google is still up like 40% from August.

We also need all the skeletons out of the banks closet. But I don't see that happening all at once and we already know the real players in the market are scared to death of what they'll find in there.

Trading will be light due to Veterans Day. I would expect a dead cat bounce but I wouldn't bite on it.

 

[StageLeft]

China's market has been unlike the US', so this doesn't necessarily portend the future, though things are not looking good globally, overall.

I'm importing as many Chinese prostitutes as possible before the Yuans valuation to USD gets more realistic and my purchasing power is lower.

 

[JEDI]

Originally posted by: Skoorb
China's market has been unlike the US', so this doesn't necessarily portend the future, though things are not looking good globally, overall.

I'm importing as many Chinese prostitutes as possible before the Yuans valuation to USD gets more realistic and my purchasing power is lower.

my shipment sank in the black sea super storm :Q

 

[alrocky]

Originally posted by: OverVolt
balls... I hate bad economic news.

Still in the accumulation phase. Bad news which turns to lower prices means I can buy on the cheap.

 

[Slew Foot]

Im getting tempted to start shorting China real soon...

 

[Lorax]

Originally posted by: Slew Foot
Im getting tempted to start shorting China real soon...

with the exception of yao ming, china's always been short. haha!

 

[BuckNaked]

Looks to be another down day for asian markets...

 

[SSSnail]

This is a good thing, things will start balancing themselves out. Well, that's until OPEC decides to dump the dollar.

 

[pmoa]

Originally posted by: UncleWai
I am fucked.

ditto