Uh Oh... Stock Market Dive Starting Again ???

WillyT

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Tue Feb-27-07 11:40 PM
Original message

Uh Oh... Stock Market Dive Starting Again ???

Went here, and thought I was looking at yesterday's numbers, which I was, sort of: http://quote.yahoo.com/m2?u

That is, until I looked at China, and then went here to confirm that the Japanese numbers are today's: http://www.nni.nikkei.co.jp/CF/FR/MKJ/

Looks like a second day of... "correction".

:hide::scared::wow::scared::hide:

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Zenlitened

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Tue Feb-27-07 11:56 PM
Response to Original message

1. I'd expect so. Downward GDP revision due Wednesday 2/28

Edited on Tue Feb-27-07 11:57 PM by Zenlitened

Per Associated Press (via NYT):

... expecting the government on Wednesday to revise its estimate of fourth-quarter GDP growth down to an annual rate of about 2.3 percent from an initial forecast of 3.5 percent...

Link:
http://www.nytimes.com/aponline/business/AP-Wall-Street.html

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tridim

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Tue Feb-27-07 11:57 PM
Response to Original message

2. China up, everyone else down big

Are they all having server problems too?

I hope this ends quickly and without doing too much damage.

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DavidDvorkin

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Tue Feb-27-07 11:59 PM
Response to Original message

3. Here's a good site for tracking such numbers

http://money.cnn.com/markets/morning_call/

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jannyk

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Wed Feb-28-07 12:00 AM
Response to Original message

4. Earlier thread - at openings of most asian markets

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x303714

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Fresh_Start

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Wed Feb-28-07 12:16 AM
Response to Original message

5. I looked about an hour ago at Asian markets

most were down 3+%. I didn't see the volumes though.

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Porcupine

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Wed Feb-28-07 12:32 AM
Response to Original message

6. So where's the money going? Cash?

All around the world to all appearances there is a run on stocks. A huge number of people are selling.

They are buying what?

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RL3AO

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Wed Feb-28-07 12:34 AM
Response to Original message

7. Bush should put out a memo...

the country who buys the most American stock wont get bombed by us this year. Good deal.

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