Nikkei futures down 12.5%

Discussion in 'Trading' started by detective, Oct 9, 2008.

  1. Yes but technically is a 20% move to the upside a bull market?

    A 20% move to the down side is a bear market.
     
    #41     Oct 9, 2008
  2. dhpar

    dhpar

    thanks.

    i was more or less joking anyway...

    Dali could not get it more surreal.
    cheers
     
    #42     Oct 9, 2008
  3. Check out the yen did I just see 98.4 print?
     
    #43     Oct 9, 2008
  4. Nikky hit an ALL TIME LOW.
     
    #44     Oct 9, 2008
  5. Cutten

    Cutten

    I have a printout of all the exchange limits by my desk :) Can't be too prepared in these conditions.

    8300 now Nikkei. Buy dips IMO, this could go up another 500 points.
     
    #45     Oct 9, 2008
  6. dhpar

    dhpar

    yup. below 98. eurjpy below 133 etc etc
     
    #46     Oct 9, 2008
  7. NWO Mofos are behind this.
     
    #47     Oct 9, 2008
  8. dhpar

    dhpar

    no way i buy this market. the least i want is to get locked limit down in long nky over the weekend...
     
    #48     Oct 9, 2008
  9. Daal

    Daal

    SKorea bonds are soaring and stocks down 9%
     
    #49     Oct 9, 2008
  10. mokwit

    mokwit

    Agree. This is the best advice out there. You don't know what shit a desperate government is going to pull. Put a hedge on my currency hedge on my USD denominated account as it is MTM in RT.

    I suspect exchange closures are likely. You risk shorting into a situation where the exchange is closed and there is some international accord that will inevitably be promoted to the masses as bullish - the Government will buy stocks to prove it is bullish. The low risk opportunities are AFTER the storm (not saying you can't have fun with small).

    You may be able to get cash out of a brokerage account if it is cash, but not if it is stock and the exchange is closed. They closed the exchanges for YEARS in the past (war).
     
    #50     Oct 9, 2008