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Ouch !!! - Asian Markets Having A Bad Day !!!

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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-16-04 11:35 PM
Original message
Ouch !!! - Asian Markets Having A Bad Day !!!
Looky here: http://finance.yahoo.com/m2?u

Wondering what tomrrow will bring.

:shrug:
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-16-04 11:42 PM
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1. Wow, a sea of red
The word on the price of a barrel of gas is pretty grim. It might hit $45/barrel. Get ready for the red ink in the morning when the market opens.
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jburton Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-16-04 11:54 PM
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2. Yikes!
Expect a whistling by the graveyard act tomorrow.

You know, "Readjustment" and all sorts of other nonsense words to put the tanking in the best possible light.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-16-04 11:59 PM
Response to Original message
3. What is happening in India? In the last 15 minutes it lost another 5%
It is down 10% now!!
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maggrwaggr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-04 12:17 AM
Response to Reply #3
4. It's crashing. They just halted trading. Saw it on CNN world
scary
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-04 12:23 AM
Response to Reply #4
5. Looks like foreign money manipulation
Edited on Mon May-17-04 12:37 AM by Robbien

edit: As foreign institutional investors, who remained extremely bullish about the prospects of the privatisation or divestment of government holdings in key public sector undertakings right through the financial year 2003-2004, turned apprehensive following the defeat of the NDA front in the Lok Sabha elections, the market suffered two of its worst setbacks in recent years last week.


South Korea is also having some serious downturns. It is now 5% down, a half hour ago is was down 3.5%.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-17-04 06:20 AM
Response to Original message
6. Wow, It's Goin Red 'Round The World Today !!!
:scared:
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