Nikkei just closed with an 11% loss!!!

User Forum Topic
Submitted by lonestar2000 on October 15, 2008 - 11:58pm

DOW is going to breach 8k and the S&P will breach 800 tomorrow.

This is no longer a housing blog, this is now a survive-as-best-you-can blog. Buckle your seatbelt Dorothy, because Kansas is going bye-bye!

Indexes around the world YTD:

MSCI Index 2008/10/15
MSCI Value Daily Monthly YTD

World 950.36 -7.06% -19.63% -40.18%
Zhong Hua 214.30 -5.34% -12.33% -51.24%
Gold. Drgn 91.43 -3.98% -11.53% -47.80%
Far East 2193.68 0.18% -8.95% -32.42%
Pacific 1721.85 -0.41% -10.72% -35.45%
Asia Pacific 95.11 -1.55% -11.13% -39.72%
Europe 1175.35 -6.84% -17.88% -44.59%
BRIC 188.45 -10.20% -25.72% -57.46%
EM 623.30 -7.49% -20.79% -49.96%
EM Asia 264.73 -4.32% -12.14% -48.47%
EM East Eur 147.87 -10.42% -33.35% -61.36%
EM Lat Am 2141.00 -13.98% -32.81% -51.35%
EM EMEA 219.57 -8.87% -26.94% -52.08%
China 40.40 -5.99% -11.89% -52.43%
India 266.60 -6.45% -20.19% -60.14%
Russia 517.12 -10.42% -36.61% -66.34%
Brazil 1714.88 -16.74% -35.34% -55.66%
Taiwan 179.13 -0.93% -9.77% -39.07%
Korea 237.61 -4.72% -9.55% -45.69%
Thailand 145.75 -5.33% -19.87% -45.48%
Malaysia 247.72 -2.15% -8.13% -39.37%
Indonesia 359.28 -2.80% -17.63% -46.98%
Philippines 198.34 -2.20% -12.27% -45.41%
Turkey 324.64 -6.38% -26.21% -56.78%
Israel 197.31 -4.86% -15.65% -25.27%
Egypt 741.40 -3.36% -15.82% -42.26%
South Africa 280.01 -9.96% -23.76% -44.91%

‹ What we need is regulation DOW Theory pointing to a deepening bear market ›
Yeah, I noticed. I think
Submitted by patientlywaiting on October 16, 2008 - 12:03am.

Yeah, I noticed.

I think that we'll have a bear market with some dead cat bounces through January 2009, after the dismal holiday sales are fully priced it, and until the new President takes office.

I don't think that a lame duck administration will be very effective in fixing the economy.