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Jerusalem stock exchange suspended as 6% drop occurs after opening.

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posted on Aug, 7 2011 @ 10:10 AM
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The Tel Aviv Stock Exchange opened to major losses Sunday, as indices plunged by more than 6 percent, immediately prompting a series of brief suspensions in trading. Upon opening, the TA-25 fell 5 percent to 1,100 points; the TA-100 plunged 5.2 percent; the TA-Banking Index dropped 5.3 percent; and the TA Real-Estate 15 fell 6.4 percent.The losses come as the international markets were left reeling by the announcement Friday that Standard & Poor’s had downgraded the U.S. credit rating for the first time in history. Trading began for several minutes in Tel Aviv on Sunday, but suspensions began almost at once, as the bourse reverted to what has been dubbed an “English opening.”


www.haaretz.com...


Wow oh wow. Within minutes, they had to suspend trading. Looks like the downgrade is having international consequences. Monday looks like it will be a solemn day for the Markets here in the US.

I wonder about the future of the world's economy. I wonder, is there really something to the "quickening"




posted on Aug, 7 2011 @ 10:12 AM
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How come we never suspend the trading?



posted on Aug, 7 2011 @ 10:13 AM
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reply to post by TheOneElectric
 


It's all the tea party's fault they had to suspend the Jerusalem stock exchange, Rand Paul is to blame.


But seriously, I wonder if this is in direct correlation with the protests going on in Israel?



posted on Aug, 7 2011 @ 10:13 AM
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What time does European trading open from now? I'm in Australia and it's 1.10am now.......



posted on Aug, 7 2011 @ 10:16 AM
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reply to post by bluemirage5
 


in one hour....it start showing movement



posted on Aug, 7 2011 @ 10:18 AM
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reply to post by Stormdancer777
 


Wait until Tuesday



posted on Aug, 7 2011 @ 10:21 AM
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reply to post by TheOneElectric
 


By the way, it was a Zionist leader who not long ago who clearly said that Israel won't survive without US.



posted on Aug, 7 2011 @ 10:23 AM
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reply to post by confreak
 


What the...................

this is about the stock exchange.....not whether Israel survives or not!

Get back on track friend!



posted on Aug, 7 2011 @ 10:24 AM
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Originally posted by TheOneElectric
reply to post by Stormdancer777
 


Wait until Tuesday


Tuesday? not Monday?

alrighty
edit on 103131p://bSunday2011 by Stormdancer777 because: (no reason given)



posted on Aug, 7 2011 @ 10:27 AM
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Let all of the markets crash. The time for anarchy is almost upon on the world. They never should have shut the market down if people and companies go broke. Too bad soo sad.



posted on Aug, 7 2011 @ 10:28 AM
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reply to post by Stormdancer777
 


I'm assuming Monday is going to be horrendous; however, not bad enough to cause a suspension. I think that will come Tuesday if the speculation or Asian/Euro Markets are down that US Monday night. If Markets open badly on Tuesday that mimics Monday's drops then I expect a suspension.



posted on Aug, 7 2011 @ 10:28 AM
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reply to post by Stormdancer777
 


We do.
Link



posted on Aug, 7 2011 @ 10:34 AM
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reply to post by TheOneElectric
 


You might be right.

Have you heard any word of the G20 meeting that is supposed to be underway, I think, in Brazil?



posted on Aug, 7 2011 @ 10:36 AM
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reply to post by bluemirage5
 


I have not heard of this. I will look into it, thanks for the heads up.



posted on Aug, 7 2011 @ 10:40 AM
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reply to post by TheOneElectric
 


This is all I know about it.....

www.reuters.com...

Then I found this just now:

www.reuters.com...

www.reuters.com...
edit on 7-8-2011 by bluemirage5 because: (no reason given)



posted on Aug, 7 2011 @ 10:47 AM
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Originally posted by bluemirage5
reply to post by confreak
 


What the...................

this is about the stock exchange.....not whether Israel survives or not!

Get back on track friend!


Ohh GOD, so adorable.

Note and I will say it again, a Zionist leader said Israel won't survive without US.. Are you seriously saying you can't connect that to this news?



posted on Aug, 7 2011 @ 10:49 AM
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Originally posted by TheOneElectric
reply to post by Stormdancer777
 


I'm assuming Monday is going to be horrendous; however, not bad enough to cause a suspension. I think that will come Tuesday if the speculation or Asian/Euro Markets are down that US Monday night. If Markets open badly on Tuesday that mimics Monday's drops then I expect a suspension.


Thank you, I try and understand this market thing.
I will keep track of your topic keep us posted.



posted on Aug, 7 2011 @ 10:51 AM
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Originally posted by stephinrazin
reply to post by Stormdancer777
 


We do.
Link


OH, have we done that recently? I had no idea.



posted on Aug, 7 2011 @ 10:51 AM
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Israel's stock market is open on Sunday????




posted on Aug, 7 2011 @ 10:52 AM
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reply to post by TheOneElectric
 


When the gold market opens later today it's gonna go through the roof. Damn I wish I had money invested in that 8 years ago. $300/ounce to $1660/ounce in 8 years.. Amazing.



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