Nikkei sinks below 8,000
www.market
watch.com
 HONG KONG (MarketWatch) -- Asian stocks suffered sharp losses Thursday, with Japan's Nikkei edging back toward the past month's lows, with
Sony Corp. under pressure in a glum session for electronics makers after data showed Japan's exports continue to decelerate.
Tokyo's Nikkei (JP:1804610: news, chart, profile) extended loses in the afternoon session, falling 6% to 7,774.63, dipping below the 8,000-point level
for the first time since Oct. 29. Japanese exports declined 7.7% in October from a year earlier, their biggest drop in almost seven years, according
to data released Thursday by the Finance Ministry. (visit the link for the full news article)
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The whole thing is not over... NIKKEI lost about 1000 points this week... that's kinda insane. It's like we would be on October 26 or something.
The VIX, the ``panic index`` gained 6 points today... and is only 15 points away from the october 26 high of 89.
Panic is higher and higher... this week looks like is gonna be in the worse top 3, so far, this year.
The DOW should go down tomorrow morning, unless the plundge protection team work hard or there's a bunch of know it all trying to make money buying
stocks thinking it's the bottom...yeah the bottom was at 10k last time... the bottom, we won't reach it until we've passed the post-christmas
numbers... and a WORKING plan and the end of panic...
www.market
watch.com
(visit the link for the full news article)
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