What is going on in Asian markets?

Open positive a decent amount only to fall off a cliff after 20 minutes of trading.

 

What? You think we have reached bottom?

 

No, but I expected some type of pop out of world markets.

 

Every fucking rally is a good point to short blind folded.
That how it goes now days

 

All this stuff the world governments are pulling won't work and they know it. They just trying to save their hides from the voters by acting like they give a shit.

 

Don't see too much lower, to be honest. What? Another 10%? PE ratios are extremely cheap on almost every stock. Median next year PE for analysts I've never seen lower at 11. 11! Tell you, if we go another 30% I'd be backing up the truck. I think we've already overshot, significantly.

 

The lowest common denominator tums? I coined that and you will soon understand.... Good luck, plop-plop-fizz-fizz.... Up and up and up it izzzz.

 

PE ratios will go up once earnings are released. Remember, the market is forward looking. If earnings go down 30% than PE ratios will go up 30%.

 

And now I understand the connection Mr Tums.

 

Is this crappy action a good indicator of the US market at open?