Well Japan is open and down 0.99%

[nadinbrzezinski]

fun

[Denninmi]

1. It feels like Sept/Oct 2008 all over again.

Goody, more doom and gloom.

[nadinbrzezinski]

2. Actually this feels worst... and because of the nature

of our dysfunctional political system. (More like paralyzed)

[dbonds]

3. This is worse, because we have nothing we can do to mitigate it.

[banned from Kos]

4. Thats not bad really. Dow futures now -179. ECB is helping Spain

and Italy with their debt issues.

After Europe is stable today I predict a modest loss Monday.

[Jim Warren]

5. Perhaps more telling

Energy futes, oil down $2.50

http://finance.yahoo.com/futures

[nadinbrzezinski]

6. And let me translate this, and tell me if I am right

they expect lower demand due to a slowed down economy.

[Jim Warren]

8. Yes, capital seeks refuge

The bet is on demand destruction.

[nadinbrzezinski]

9. I like to keep it in simple english

for those who do not have the background. Why I asked... that question.

Thanks.

(As a Historian I have a limited background, especially after reading lost of economic and political history)

[Jim Warren]

10. Meanwhile

industrial and scrap metals drop but precious metals through the roof......gold up $42.

[nadinbrzezinski]

11. Well that is kind of not surprising

again, if they expect less demand, they expect less use of copper...

Fun times

[Exilednight]

12. Yet, gold went up in value. Talk about a useless metal. n/t

[nadinbrzezinski]

13. But a valuable metal...

also it is used in electronics... so not so useless.

[Jim Warren]

14. An electronic hedge perhaps

Gold up $43+ nearing the $1700 mark and oil down nearly $3 looking to break through $84.

[nadinbrzezinski]

17. Yeah that is possible, if that is the case, watch rare metals

[Exilednight]

7. Watching Bloomberg. Almost every farm future is down along with oil. Most of the big boys,

Google, Nike, Pepsico, Amazon, Exxon, Wal-Mart and most of the other big boys are up. Middle players like Verizon, Dow Chemical, General Dynamics and such are showing mixed results.

Little guys, stocks typically valued under $20, are almost down across the board.

Almost all the US markets will open down tomorrow morning. That's a given. Let's see where they end up by the end of the day.

[Jim Warren]

15. Some serious bloodletting

lots of red http://finance.yahoo.com/intlindices?e=asia

[KeyserSoze87]

16. I'm surprised. I thought it would be down by much more than that.

Being down 0.99% is certainly not good, but at the same time it's nowhere near a stock market crash.

[nadinbrzezinski]

18. It is down 1.22% right now

[KeyserSoze87]

19. Still not quite there yet. I would consider a crash to be a loss of 4% or more.

[nadinbrzezinski]

20. Two of them are there

Nikkei 225 9,110.92 -188.96 -2.03%

Hang Seng 20,100.20 -845.94 -4.04%

Straits Times 2,851.17 -143.61 -4.80%

Not wishing for it, but life is not that nice right now. WEEEE..

[KeyserSoze87]

21. Looking bad!