8/8/11 Asian/Pacific stock market watch.

Gotcha, a lunch already? What time did the Japanese market open? I see that Hang Seng is steadily going down with a few bumps up yeah; whatever Hang Seng hinges at when the London market opens will probably effect both Euro and the US markets with the US doing the worse because of the downgrade, maybe. I took an interest in stocks in highschool but I am pretty much relearning it all again. Disclaimer; no one should trade options upon what I say, unless you make a lot of money, then I take credit and want 10%.

the Hang Seng already dropped nearly 550 points in its first hour of trading which translates to 2.6 %

reply to post by hypr2011


Holy moly! it dropped to 2.9 pretty fast! At what point do people start crapping their pants? 4%? 6%?

Australian share markets aren't doing too bad today. Must be Swanny's encouraging words and assurances. But then any loss comes on the back of huge losses last week.

Yea, look what happened in Tel Aviv, they had an English Opening where it can either go up or down 2.5 % right at opening then they close it to examine everything.

I believe the Hang Seng is going to have a rough start this week we are border lining 3%

So far pretty big down on Asia, but not disorderly so. I am interested to see the Nikkie after lunch, but I think overall those Asian markets aren't doing too bad. It doesn't quite look like panic to me anywhere, yet. Though don't mistake me for a long or even medium term optimist. I think we retest 2009 lows in most places before any type of global recover really sets in.

Not looking so hot atm. Nikkei down 130 pts (1.4%), Hang Seng down 603 (2.8%), Indonesia down 82 (2.7%). Yup, tomorrow is gonna be a humdinger

reply to post by jefwane


The US is the neck of the world, wherever it turns the heads all follow. You know this is going to be RED MONDAY for the DOW right. How could it not be save for the hand of Go---The FED coming down and lifting it all up.

Looks like folks are just in a holding pattern waiting for any moment to sell before a dip, or buy before a surge. At least that's how it looks from my amateur eyes.

I would probably play it carefully, the Hang Seng has about 5 hours of trading left, I am interested to see what happens in the EU, but will miss the New York and Toronto's opening tomorrow.

Hang Seng is down 725 as of the posting.... looks to be an interesting day on the dow tomorrow

Originally posted by RickinVa
Hang Seng is down 725 as of the posting.... looks to be an interesting day on the dow tomorrow

Yup it just took a nose dive as well as China Shanghai Composite Index.

Hang Seng is taking a beating, nearly a 780 point loss, their first 2 hours were rough, and I expect a even rough start to those markets which are closed, they may have to close this one for a bit as well to follow in Tel Aviv's suit.

Hang sen down 3.60% -755 and creeping down further....

Japan at lunch and Aus is down 1.68%

Gold is almost at 1700

Silver is above 40 again

Will be asleep when the euro market open so I'll miss that.......Might just want to.

all be asleep as well when the euro markets open and in my drivers training course when the NYSE and the TSX open.

Yes I will be sound asleep when the Euro stocks open as well but I went ahead and started a thread anyway.

Here it is: www.abovetopsecret.com...

I think Europe will open very similarly if not worse.

reply to post by hypr2011


This is the number I was most worried about... 4% I think the other Asian markets are going to play follow the leader now.

Hang Sen 40 20099.00 20946.14 20444.00 20099.00 -847.14 -4.04%

If it dips below 20,000.00 ut oh

Not sounding any alarms here, or anything, but I am noticing the CSCI is falling rather rapidly. Take a look for yourself.

Yahoo - CSCI

Originally posted by TheRemedial
reply to post by hypr2011

 

If it dips below 20,000.00 ut oh

edit on 7-8-2011 by TheRemedial because: (no reason given)

Hang Seng approaching 20k rapidly. At this pace it may get there before the break. I'm willing to bet they'll stop trading if it gets too bad.

Yahoo Finance - Hang Seng

Looks like Aussie markets are taking another dive post-lunch after more-than-halving their earlier losses.

I shouldn't laugh.