Black Monday: Nuclear Meltdown in Japan

atticus · Mar 13, 2011

All these Henny Pennys. You guys may want to get some pap smears just in case.

Jackie Treehorn · Mar 13, 2011

Wtf was that 10 point blip in the futures...?

John_Wensink · Mar 13, 2011

The market is essentially flat from friday's rally which given the events of the weekend is quite amusing.

The market on the upside prices in good news but not bad news. When it comes to bad news the market doesn't price it in until it actually happens and can't ignore it anymore. This is why being short is a loser, the market can be wrong a lot longer than you can be short.

Quote from newbie2010now:

Market dosnt think that Tom will be a Black Monday

We know market knows every thing in advance

Sp is down only 9 to 10 points, if it was that bad then sp should be down 20- 30 point

We wil see tom, looks like some people are short here and you know what the wish !

God help Japan

rcj · Mar 13, 2011

Quote from Jackie Treehorn:

Wtf was that 10 point blip in the futures...?

Could be around the open of Tokyo open.
Jist a guess.

Bob111 · Mar 13, 2011

http://finance.yahoo.com/q?s=^N225

nikkei is down -5.5%. SP can't be flat..

Maverick74 · Mar 13, 2011

Quote from Bob111:

http://finance.yahoo.com/q?s=^N225

nikkei is down -5.5%. SP can't be flat..

Spoos down .50%.

Bob111 · Mar 13, 2011

then the reason could be possibility of QE2-3..tomorrow morning bernarke will start blabbing about world slowdown because of japan..you know..the usual...
or this-

Suddenly Faltering Japanese Economy May Bolster American Goods

http://news.yahoo.com/s/ac/20110313...g_japanese_economy_may_bolster_american_goods

but i kinda doubt the second one..everything regardless made in china today..except maybe cars.interesting to see what will happen with Japanese cars used and new. i think we will might see a spike up

stock777 · Mar 13, 2011

yeah but it was scheduled to be up 4% so its really down 3.5%

get it

Maverick74 · Mar 13, 2011

Quote from Bob111:

then the reason could be possibility of QE2-3..tomorrow morning bernarke will start blabbing about world slowdown because of japan..you know..the usual...
or this-

http://news.yahoo.com/s/ac/20110313...g_japanese_economy_may_bolster_american_goods

but i kinda doubt the second one..everything regardless made in china today..except maybe cars.interesting to see what will happen with Japanese cars used and new. i think we will might see a spike up

The reason is we have very little correlation to Japan as has been the case for, I don't know, the last 20 years. Trade what you see, not what you think.

benwm · Mar 13, 2011

somehow I get the feeling Bernanke is not going to be talking up the possibility of shortages in food and energy supplies and the inflationary implications for the global economy!

We all know Bernanke is just licking his lips at the prospect of QE3, QE4, QE5, QE6, QE7, QE8, QE9, QE10, QE11, QE12,...

when we get to QE999999999999 he can just blame it on a fat finger error generated by the Fed's economists