Where the fuck is all this money going? Certainly not gold, commodities, or treasuries. If it was going to bank deposits that would resolve this crisis.
they will have to change tick on dow future to a cent pretty soon. point is becoming quite a large percentage...
+1 Nikkei future 7940 Stop loss - 0. The liquidity is nothing - it's 10-20 up on the bid-offer, normally its hundreds. The options are 200-300 points wide. Totally crazy.
More margin calls coming. Now expect massive liquidation and repatriation of foreign assets back to Japan etc. Expect Yen to fly up tonight and more selling in US tomo. More so with a long weekend.
Silly me, I thought the close would hold. Went long. And Bush is speaking at 10 am, Im screwed. Time for a Motorbike trip.
There is no trading of Nikkei futures at 12.5% down, it is locked limit at 12.5% down, last trade at 8090. This market is trading like a video game, just numbers, with no real value or reality to them.