NIKKEI futures getting slaughtered.

Quote from spanish89:

Ive been backing up and buying up oil and aud/usd over the weekend..

was gan buy the dow but couldnt be bothered to take on that risk and have to dela with all its ranging nonsense.. lol


But as far as fx pairs go you would have to be the biggest fool in the world to still think you can buy up the dollar!! :D


And for the dow, why all this bearish thinking??
Its just foolish and stupid...

Like people are so so grasped in by their little screens, starring at tick bt tick on the graphs, that they havent got a bloody clue how to actually 'trade'!!




How much further you hope and think the dow will go??

It was at 13,000 14,000 few months ago...,
we now crashed down to nearly half of that barely 8,000, all within just a few months.

And with the dow movng at a few hundred points in 1 of the 2 directions each day how much lower can it go??


have antother drop a few hundred, maybe even a thousand or 2 down to 5000???! LOL :D :p




And then if it does fall that low everyone who trades is suddenlt gna decide to giveup on it for a career, and so there will be no more movment and liquidity, and so itl sit at 5000 for a few weeks t month! :p


WIth a crash this big there will be even more liqudity than ever as everyone will no be seeing how chea everything is and start buying back.

The wold economy is shit. OK, whats new?? its been liek tis for years and years...
everyone knew that, everyone knew everyone else knew it too... lol


Just no-one cared really. then 1day the scare mungering started mianly cos of oil, and then the more the story and idea snowballed the more the newspapers started having stockmarket as front page.


And so that sparked the whole world into a fear that the world is now over and we gna all be cave men again.,
idiots and gamblers at gambling centres like lehmans finally ranout of goodluck and gambled away all their money, so what??

Yet the papers got the story, and wham this is really gna crash the economy for everyone. :D ......................................................




End result we get th easiest few months ever of selling oil or whatever you trade!!
And ow get so so many easy closest ule get to risk free buying opportunities.

Wow,great observation from somebody who's been trading for 2 months?What a f'n clown.
 
Quote from MrDODGE:

Talk about falling off a cliff!

freaking unbelievable! Went as low as 7125! The Nikkei last bottomed around 8000 in 2003. Then went as high as 17K.

So, these last few months have wiped out all the gains since 2003! Half a decade gone! Tells you how hard it is to be a long term buy and hold in Nikkei.

People holding from 39,000 from '89 good luck!

But I think if you got guts and capital, stepping in to buy now and holding will probably not be a bad idea if you can stomach it... These levels are approaching historic low levels. Sophisticated investors should come in soon. Or long term value players... if they still exist.. hehe
 
We'll slice through 800 on the spooz like a hot knife through butter this week.

Never thought it would happen this fast.

Weak fundamentals + forced selling + calamitous sentiment = more downside
 
Quote from ByLoSellHi:



Never thought it would happen this fast.


You'll be hearing that line all too often in the coming weeks/months/years.

"So the US empire has collapsed. never thought it would happen this fast!"
 
The G-7 made an unscheduled statement after a request from Japan, Finance Minister Shoichi Nakagawa said in Tokyo today, adding that his government was ready to act if needed. The G-7 fell short of pledging concerted action to halt the yen's gain.

``Issuing such a statement is a sign of failure to intervene,'' said Eisuke Sakakibara, a professor at Tokyo's Waseda University who was the Finance Ministry's top currency official from 1997 to 1999. ``The Japanese government may have consulted with their counterparts in the EU and the U.S. and they couldn't persuade them to intervene.''
****************************************************

Nakagawa - Should have kept his mouth shut or just started shooting - they've got a 1T account and the full support of NY Fed.

Instead, he makes this peculiar threat out of the blue and then goes wobbly.
 
Quote from cgtrader:"So the US empire has collapsed. never thought it would happen this fast!"
Believe it or not, the US empire looks much more in tact than just 3 short months ago. It's all relative.
 
Quote from increasenow:

nah, nothing to be concerned with...here is why...the Nikkei is simply reacting to the US markets bad Friday...this is Asian markets first time trading since US trading Friday...US will probably dip overnight, and trade to positive be close...
this reply confirmed...totally confirmed
 
Rally has begun - all the way to DOW 9600, possibly 10K

Then, another leg down.


ES 825 low was made in Globex session, market now 53 points from that bottom.
 
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