Japan's Nikkei Falls Nearly 11% , page 2
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ATS Members have flagged this thread 6 times


reply posted on 9-10-2008 @ 08:35 PM by 2 cents
reply to post by LowLevelMason


a 10% drop at opening is definitely news worthy even if it closes up which would be even more news worthy.


reply posted on 9-10-2008 @ 08:37 PM by LowLevelMason
reply to post by 2 cents


Not really, markets go up and down all the time. Inter-day trading highs/lows mean little to anyone except day traders.

Unless, of course, the media is trying to start a panic..which of course, they are.


reply posted on 9-10-2008 @ 08:38 PM by Universal Light
If you wanna try to get faster updates, here's the nikkei though the site has been getting so much traffic since open that sometimes the server is slow:

www.nni.nikkei.co.jp...

Originally posted by LowLevelMason
Are people looking so hard for economic doom that they take a 2 hour fall as news now? The Asian markets have barely been trading for a few hours.


It was down 800 pts in 20 minutes to begin the session. That is an amazing fall.

[edit on 9-10-2008 by Universal Light]

[edit on 9-10-2008 by Universal Light]



reply posted on 9-10-2008 @ 08:39 PM by anachryon
reply to post by LowLevelMason


If you'd been paying attention over the past month, you'd understand the problem. Since you obviously haven't, though, I understand.


reply posted on 9-10-2008 @ 08:40 PM by LowLevelMason
reply to post by anachryon


Yes, the problem is the media spreading fear and panic, just like they do every recession. Of course you don't understand, because you haven't been paying attention and have been busying following the media gospel. I understand

EVERYONE PANIC! Your media and government thanks you

[edit on 9-10-2008 by LowLevelMason]


reply posted on 9-10-2008 @ 08:41 PM by jefwane
reply to post by LowLevelMason


Sorry LowLevelMason, the media is just now catching on. It truly amazes me when the media is blamed for finally doing their damn job and giving something other than the rosey "now is a good time to buy" shillery that they have engaged in 3-1 (at best) vs any realistic analysis over the past year.


reply posted on 9-10-2008 @ 08:42 PM by LowLevelMason
Originally posted by jefwane
reply to post by LowLevelMason


Sorry LowLevelMason, the media is just now catching on. It truly amazes me when the media is blamed for finally doing their damn job and giving something other than the rosey "now is a good time to buy" shillery that they have engaged in 3-1 (at best) vs any realistic analysis over the past year.





What media have you been watching? The media I've been watching (CNN, CNBC, PBS, NPR) has been declaring the end of the world for the last 6 months.

ATS is a lost cause to media propaganda. Its not worth even bothering with anymore. The sheep demand a panic, and gosh darnit, their media overlords are going to give them one.

[edit on 9-10-2008 by LowLevelMason]

[edit on 9-10-2008 by LowLevelMason]



reply posted on 9-10-2008 @ 08:50 PM by jefwane
reply to post by LowLevelMason


CNBC and Bloomberg with a smattering of Fox Business in there too. I've seen the female anchors on CNBC shriek in orgasmic delight on big gains and actually cry on that 700 point drop couple of weeks ago.


reply posted on 9-10-2008 @ 08:59 PM by HimWhoHathAnEar
reply to post by LowLevelMason


You sound alot like a banned member named lightindarkness. Don't know him by any chance?

Anyway, blaming the Media is ridiculous. We can all see what's going on. So they flavor it their way, that's to be expected. Doesn't mean they can change anything one way or the other. Even the gov't and the fed can't do that.


reply posted on 9-10-2008 @ 09:00 PM by carewemust
reply to post by Universal Light


The Nikkei225 stock market index peaked at 39,000 in 1989. Now, it
sits at 8,300. You'd think that Japanese investors would have committed
suicide in masse over this and their economy would be in a shambles.

The US News media is portraying our 39% drop of the DOW (14,000 to
8,500) since 2003 as a record shattering catastrophe in the making.

I hope the first thing to dry up when this Wall Street meltdown arrives to
Main Street will be the advertising dollars that drive the demon possessed
media in this country. I will cheer from the roof of my house if one of
them have to ask the government for a loan!


reply posted on 9-10-2008 @ 09:05 PM by 2 cents
reply to post by anachryon


Nikkei isn't updating anymore what gives? It stopped at 11:00 local time.

It also has an * by the time - why?

Nikkei

Is trading suspended?

[edit on 9-10-2008 by 2 cents]

[edit on 9-10-2008 by 2 cents]



reply posted on 9-10-2008 @ 09:08 PM by anachryon
reply to post by 2 cents


I believe trading stopped because of their lunch breaks. Most, if not all, Asian markets shut down for an hour or two for lunch.


reply posted on 9-10-2008 @ 09:09 PM by grimreaper797
reply to post by LowLevelMason


Um, no. Just no. A market plummeting over 10% to trip the circut breakers IS news worthy. Especially with everything going on.


reply posted on 9-10-2008 @ 09:10 PM by jefwane
Originally posted by carewemust
reply to post by Universal Light


The US News media is portraying our 39% drop of the DOW (14,000 to
8,500) since 2003 as a record shattering catastrophe in the making.



Umm that's a drop from 14,000 to current levels since October of LAST YEAR.


reply posted on 9-10-2008 @ 09:11 PM by 2 cents
reply to post by anachryon


Ah I didn't know that. Can they eat now? I mean do you think anyone has an appetite left? This is some scary #*%^!
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