Nikkei down ANOTHER thousand points.

Discussion in 'World Events' started by See Post, Oct 9, 2008.

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  1. See Post

    See Post New Member

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    Originally Posted By Mr X

    Now on lunchbreak. Stopped at -974.

    Two days in a row...this is pretty much catastrophic.

    In other news, Russia down 87% YTD and closed until further notice.

    I wanna go back to the 90's now. Can we all just go back to the 90's?

    The world felt safer then. :O
     
    #1 See Post, Oct 9, 2008
  2. See Post

    See Post New Member

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    Originally Posted By Mr X

    <a href="http://www.nni.nikkei.co.jp/CF/FR/MKJ/" target="_blank">http://www.nni.nikkei.co.jp/CF/FR/MKJ/</a>
     
    #2 See Post, Oct 9, 2008
  3. See Post

    See Post New Member

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    Originally Posted By DyGDisney

    I don't even think Bill Clinton could get us out of this mess any time soon.
     
    #3 See Post, Oct 9, 2008
  4. See Post

    See Post New Member

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    Originally Posted By fkurucz

    I envision the Plunge Protection Team huddled in a corner, in the fetal position, sucking their thumbs!
     
    #4 See Post, Oct 9, 2008
  5. See Post

    See Post New Member

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    Originally Posted By ChurroMonster

    Is it possible to go into a depression before we even see a recession?
     
    #5 See Post, Oct 9, 2008
  6. See Post

    See Post New Member

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    Originally Posted By Mr X

    According to the markets, we're already there!
     
    #6 See Post, Oct 9, 2008
  7. See Post

    See Post New Member

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    Originally Posted By Mr X

    Nikkei finished at -881 today.

    Down some 2,500 points on the week.

    Scary.
     
    #7 See Post, Oct 9, 2008
  8. See Post

    See Post New Member

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    Originally Posted By Sport Goofy

    << I envision the Plunge Protection Team huddled in a corner, in the fetal position, sucking their thumbs! >>

    Without any investment banks left on Wall Street to help them shuffle phony money around into markets, the PPT is pretty much unable to do anything at this point. Their main conduit for market intervention and manipulation is gone.
     
    #8 See Post, Oct 9, 2008
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