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Posted: 1/17/2006 11:15:22 PM EDT
Selling panic closes Tokyo market

Tokyo's stock exchange closed early for the first time in its history on Wednesday, in a bid to head off a meltdown after a frantic day's trading.
Link Posted: 1/18/2006 5:47:12 AM EDT
It's deja vu all over again.
Link Posted: 1/18/2006 5:49:02 AM EDT
BOHICA
Link Posted: 1/18/2006 6:05:59 AM EDT
It's stock market manipulation by the US government's latest electronic warfare weapon, a computer virus that takes over foreign exchanges. Tinfoil hat, on!
Link Posted: 1/18/2006 6:09:41 AM EDT
We're about to get rapoed on gas prices again.
Link Posted: 1/18/2006 6:52:41 AM EDT
[Last Edit: 1/18/2006 6:53:10 AM EDT by vito113]
Link Posted: 1/18/2006 6:55:19 AM EDT
ugh

So, what does this mean for the US markets? Forgive the more market-ignorant of us.
Link Posted: 1/18/2006 7:07:01 AM EDT
Link Posted: 1/18/2006 7:10:05 AM EDT
[Last Edit: 1/18/2006 7:56:07 AM EDT by ASNixon]

Originally Posted By vito113:

Originally Posted By macman37:
ugh

So, what does this mean for the US markets? Forgive the more market-ignorant of us.



If there is a shortage of oil the rest of the world will start bidding against the US for stocks.... price will go into orbit. Very high oil prices will mean economy slows and stocks fall....

ANdy



And prices rise because of delivery/production costs increasing resulting in inflation and a possible recession...oh dear. Can you say the 70's all over again?

Link Posted: 1/18/2006 7:12:07 AM EDT

Originally Posted By ASNixon:

Originally Posted By vito113:

Originally Posted By macman37:
ugh

So, what does this mean for the US markets? Forgive the more market-ignorant of us.



If there is a shortage of oil the rest of the world will start bidding against the US for stocks.... price will go into orbit. Very high oil prices will mean economy slows and stocks fall....

ANdy



And prices rise because of delivery costs increasing resulting in inflation and a possible recession...oh dear. Can you say the 70's all over again?




All because of the Tokyo market closing because of a selling panic?
Link Posted: 1/18/2006 7:12:16 AM EDT

Originally Posted By warlord:
Selling panic closes Tokyo market

Tokyo's stock exchange closed early for the first time in its history on Wednesday, in a bid to head off a meltdown after a frantic day's trading.



Godzilla!
Link Posted: 1/18/2006 7:27:10 AM EDT
[Last Edit: 1/18/2006 7:27:38 AM EDT by jj01]

Originally Posted By macman37:

Originally Posted By ASNixon:

Originally Posted By vito113:

Originally Posted By macman37:
ugh

So, what does this mean for the US markets? Forgive the more market-ignorant of us.



If there is a shortage of oil the rest of the world will start bidding against the US for stocks.... price will go into orbit. Very high oil prices will mean economy slows and stocks fall....

ANdy



And prices rise because of delivery costs increasing resulting in inflation and a possible recession...oh dear. Can you say the 70's all over again?




All because of the Tokyo market closing because of a selling panic?




OK, everyone needs to take a deep cleansing breath. This is not the beginning of the end of the financial markets. Japan has had a great run over the last 1/2 year, the NIKI has hit all time highs, they were over bought, and had a sell-off. It's not oils fault, they had a high flying tech firm that's been doing a little too much creative accounting - it was an excuse to sell that got over done.
Link Posted: 1/18/2006 7:50:36 AM EDT
[Last Edit: 1/18/2006 7:54:33 AM EDT by vito113]
Link Posted: 1/18/2006 1:51:57 PM EDT

Originally Posted By macman37:

Originally Posted By ASNixon:

Originally Posted By vito113:

Originally Posted By macman37:
ugh

So, what does this mean for the US markets? Forgive the more market-ignorant of us.



If there is a shortage of oil the rest of the world will start bidding against the US for stocks.... price will go into orbit. Very high oil prices will mean economy slows and stocks fall....

ANdy



And prices rise because of delivery costs increasing resulting in inflation and a possible recession...oh dear. Can you say the 70's all over again?




All because of the Tokyo market closing because of a selling panic?



For what it is worth the market did not close because of a "selling panic' in a normal sense.
The market closed because the computer system that handled the trading was almost going to exceed it's capacity for handling trades.
There are several stock exchanges in Japan and only one closed.
Granted it's not a good sign, but it is not the preclude to another black Monday, yet, and I don't think that it will be.
The movement of the markets over the next week or so will tell.
Link Posted: 1/18/2006 1:54:41 PM EDT
Peak Yen?
Link Posted: 1/19/2006 12:03:06 AM EDT
The Japanese stock Markets are a disaster waiting to happen on any day.
Link Posted: 1/19/2006 12:50:57 AM EDT

Originally Posted By ken_mays:
Peak Yen?

[Start DUmmy]

It was Bush's fault.

[/DUmmy]
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