Nikkei down 2.5% - Does no-one here care?

Is this the start of the great crash, the one that will see the Dow plunge to 5,500 or less?

There really is no reason for hope at the moment and every reason for panic.

As the old stock market saying goes...

"Sell in May
And go away"

Originally posted by airvicemarshal
Is this the start of the great crash, the one that will see the Dow plunge to 5,500 or less?

There really is no reason for hope at the moment and every reason for panic.

As the old stock market saying goes...

"Sell in May
And go away"

Let it crash!! By then I can buy bunches on the cheap and look forward to retirement. Current prices are inflated by bogus volume trades.

How bad is it exactly that the Nekkai is down 2.5%. Sorry, but I am ignorant on things like markets and economies in general.

Thanks for the post. I feel certain May 17, 2010 is going to be a very insane in all the markets. Maybe we'll get to witness some more of those weird computerized trading seizures...I'm just wondering how weird that phenomenon can actually get.

reply to post by ventian


It's not


The OP doesn't really make sense IMO


finviz.com...


Uptrend still looks pretty intact to me personally

[edit on 17-5-2010 by GreenBicMan]

Originally posted by GreenBicMan
reply to post by ventian

 

It's not


The OP doesn't really make sense IMO


finviz.com...


Uptrend still looks pretty intact to me personally

[edit on 17-5-2010 by GreenBicMan]

He's the phage of economics

I agree though, it looks pretty natural.

There really is no reason for hope at the moment and every reason for panic.

This is my favorite quote!!!

it's just the sunday thing!!.....i do this time of the tokyo open every sunday...

I care. A lot.

Its been a real groovy evening for me here in the Silent Thunder Lair. Kobe steak and ootoro on me.

The sooner the better! Time to take are medicine get through our illness so we can start living again.

The big boys will activate the PPT make a bunch of worthless paper trades and all the sheep will jump back on the band wagon though... Sigh!

reply to post by silent thunder


You short Nikkei Futures and Long Yen crosses?

Assuming the same the past few weeks looks like an early retirement for you mang'

reply to post by Republican08


I wouldn't go that far haha. That title would probably have to go to someone like RockPuck.

RP > GBM * 5 = Econ

= 1/5 GBM Per RockPuck in Econ

I made a big post at ATS in past about gold and a good reasons to buy, not under this name though but no one ever responded...

So I have come to the conclusion unless money is connected to a conspiracy theory or nwo and such , or a major down turn....no one cares.
UFO's and nurbui or what ever it's called..is way more interesting..

I made near on 12k in from last gold rise during the big economy down turn...lost a bit since but its going back up ans getting very rare too!

The problem all these threads have is that the dow jones is totally fixed, for national security. So its protected, and those thinking about crashes, should understand the ptb have enough money to totally fix the dow, and that means it will never crash unless they want it.

The stock market is not really about people, its totally fixed in new york, otherwise it probably would of crashed plenty of times, as different groups play what is in effect war in the stock market.

Maybe this headline would of gotten more traction...

Asian markets fall sharply, Shanghai loses 5 per cent, reaching lowest point of the year
www.asianews.it...

Shanghai (AsiaNews/Agencies) – Shanghai stocks took a plunge today, dragging the rest of Asia. The Shanghai Composite Index lost 5.07 per cent. On Japan, the Nikkei index lost 2.17 per cent. Similarly, Hong Kong tumbled with its benchmark Hang Seng Index losing 2.14 per cent. Bursa Malaysia ended the morning session down (- 2.06 per cent). Thai shares fell 2.5 per cent amid an escalating domestic political crisis. South Korea’s Kospi dropped 2.6 per cent, whilst Singapore kept losses at a minimum (-0.75 per cent).

Banks and real estate companies led the decline in China as new, more restrictive government measures came into effect. However, investors across Asia took the cue from the downtrend on Wall Street on Friday, and signs of crisis in the Euro zone.

“The European debt problem will impact the (pace of) economic recovery. It's not just Greece; all European countries will have to work hard to reduce deficits,” Andrew Teng, Assistant Vice President at Taiwan International Securities, said,

What is more, “It's not just the problem of Greece's debt burdening the euro, but also the lingering fears of wider contagion," said Hideaki Inoue, chief manager of foreign exchange and financial products trading at Mitsubishi Trust and Banking Corporation.

Markets have thus confirmed doubts among Asia investors that the European Union’s € 720 billion fund will not be enough to stop the crisis from spreading.

After dealing a knockout blow to the Greek economy, the crisis could in effect affect other economies in the near future.