Author Topic: Japan stock market down 13 - in addition to 5 yesterday! (Read 1100 times)

Matthew · « **on:** March 14, 2011, 11:14:51 PM »

That's 18% in two days' time!
This might affect the rest of the world in the morning...

China is down 4% right now.

I would have noticed this sooner, but I was busy picking out and ordering some heirloom seeds. How appropriate!

Matthew · « **Reply #1 on:** March 14, 2011, 11:29:48 PM »

Now it's down 14% -- I wonder what it will look like by morning?

We're looking at Black Tuesday here, folks.

Not just any country, but the THIRD LARGEST ECONOMY IN THE WORLD.

This has to cause ripples, whether we like it or not.

gladius_veritatis · « **Reply #2 on:** March 14, 2011, 11:29:56 PM »

Bernanke to the rescue???

gladius_veritatis · « **Reply #3 on:** March 14, 2011, 11:31:27 PM »

Quote from: Matthew

We're looking at Black Tuesday here, folks.

Beware the Ides of March...

Matthew · « **Reply #4 on:** March 14, 2011, 11:33:04 PM »

8,247.49

Today's change:
-1,373.00 / -14.27%

The Nikkei has lately been about the same as the DOW, as far as numbers. You may know that some indexes hover around 2,000, others around 6,000 and others around 40,000

But the Nikkei has been pretty much 1:1 with the DOW for a while now.

So imagine how Americans would react if the DOW lost 1,373 points tomorrow. It would be panic in the streets!

Matthew

Matthew · « **Reply #5 on:** March 14, 2011, 11:35:39 PM »

It's lost 21.35% in the last 5 days!

That's a lot of people losing a LOT of money.