Watching the Nikkei drop 14%, no 10.5%

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posted on Mar, 15 2011 @ 01:30 AM
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Seen on many finance sites today. Fallout in Tokyo, three hydrogen explosions one with a radioactive 'burst' and a fire at the Fukushima nuclear plant. USS Reagan gets a month of radiation exposure in one hour.

S&P 500 50MA is 1,302, if it drops below that it may trigger a long downward trend. Quote.com is saying 1,296.




posted on Mar, 15 2011 @ 01:45 AM
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I had a feeling it was going to happen.
Wondering what the Dow jones is going to look like tomorrow.



posted on Mar, 15 2011 @ 02:41 AM
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reply to post by Flyzoid
 


So far pre-market US markets are looking to open 2% down and likely drop from there. Interesting note, virtually everything is down commodity-wise... except corn? That one made me scratch my head.



posted on Mar, 15 2011 @ 02:54 AM
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Originally posted by burdman30ott6
reply to post by Flyzoid
 


So far pre-market US markets are looking to open 2% down and likely drop from there. Interesting note, virtually everything is down commodity-wise... except corn? That one made me scratch my head.


Ethanol usage increase? Either more for gas additives or more down the hatch...

I would preferably drink it rather than put it in my car.

Edit: More info
edit on 15-3-2011 by boncho because: +link



posted on Mar, 15 2011 @ 03:27 AM
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I picked a bad day to stop drinking.

Second line. Airplane the movie.



posted on Mar, 16 2011 @ 01:22 PM
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So... the Nikkei ended UP on their trading, yet the Dow is DOWN over 230 points today? Man, that goes to show how wrecked the US economy is. We didn't even suffer the devistating disaster that Japan did, yet our markets are being exposed for the weakness and manipulation that run through like a cancer.





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