The Asian meltdown has begun...

Brace yourselves tomorrow.

Hong Kong is melting down!

 

um putz because the US markets were down 3% fast Friday and Kong Kong usually follows the US markets, but to a greater degree.

 

China down almost 6%

good lord!

 

http://tinyurl.com/d6oog

 

almost 7% by 12:30, hopefully SSEC will blow pass the 3000 mark, then we will have some vola

 

For real?

It was 3% just a few minutes ago which is normal for that joke they call an exchange.

 

My bad...

Shanghai, not HSI

 

Actually, things are starting to get interesting out there...

HSI down 1000
Shanghai at lows
Yen recovering

 

none of this a big deal

when stocks rebound they will rebound huge

 

That's great news for Jim Rogers. His favorite stocks have just become a lot cheaper.