The Fat Lady Sings

[WDCRob]

Re: The Fat Lady Sings

Do tell? Why tomorrow specifically?

[FRED]

Re: The Fat Lady Sings

Do tell? Why tomorrow specifically?

Korea is down 6.5%. To put that in perspective, that's about 850 points for the DOW.

[bill]

Re: The Fat Lady Sings

HONG KONG & CHINA UNITED STATES ASIA PACIFIC Market Indices (Intraday Chart) 8/16/2007 11:57:46 AM (HKT) HANG SENG INDEX-3.81% HANG SENG CHINA ENTERPRISES INDEX-5.37% HANG SENG C C INDEX-4.93% SHANGHAI SE B SHARE INDEX-2.08% SHENZHEN SE B SHARE INDEX-4.11% TAIWAN SE WEIGHTED INDEX-3.94%

[bill]

Re: The Fat Lady Sings

HONG KONG & CHINA UNITED STATES ASIA PACIFIC Market Indices (Intraday Chart) 8/16/2007 12:01:00 PM (HKT) NIKKEI 225 INDEX-3.49% ASX ALL ORDINARIES INDEX-4.71% STRAITS TIMES INDEX-4.55%

SET INDEX-3.83%	PHILIPPINE SE COMPOSITE INDEX-6.01%	JAKARTA SE COMPOSITE INDEX-5.83%

[Guest]

Re: The Fat Lady Sings

Sure looks mighty ugly.

3000-4000 Euro Pacific clients are holding right now. That's Peter Schiff's outfit. My broker in Newport Beach office says virtually none of them are selling a damn thing.

One thing you can say about Peter Schiff, the guy has nerves of steel. Seems the firm's philosophy rubs off on the clients - for better or worse. :rolleyes:

He's gotten quite wealthy off the strategy, holding the same gold shares through every last correction for eight or nine years. If he gets stinking rich from the strategy, you'll have to hand it to him - he earned it.

[WDCRob]

Re: The Fat Lady Sings

I went looking for the Asian markets after I posted last and have been watching.

I've been (mostly) out of stocks since May 2006, but was getting a bit twitchy when the Russell 3k went to 900. Got back in the black today compared to if I'd stayed in that index, and will sleep better tonight for not being exposed to tomorrow.

Have to say this is all a bit scary to someone who doesn't trade though. It's like sitting down at a real-money poker table for the first time, only a lot more so.

[Jim Nickerson]

Re: The Fat Lady Sings

Tomorrow, the fat lady screams.

EJ is very good, or prescient, or goddammed lucky, and I really think it is the first.

I think perhaps there will be SCREAMING in the Europa & US tomorrow, based on how the Asian markets are plunging tonight.

The US markets are very oversold and have been for some days now, and the question in my mind is whether they will bounce or flat out crash--based on Asia it is looking like the tendancy is to crash.

[Guest]

Re: The Fat Lady Sings

WDCRob - Your absolutely right - ugliest market since 2002. Time for serious thinking if one is exposed to equities. I swear next time Eric Janszen says "sell everything" I will be accepting the advice without question, and glad of it. If there is a next time.

[Guest]

Re: The Fat Lady Sings

Jim - There will be a ferocious bounce, further bewildering participants - that's my guess.

[Jim Nickerson]

Re: The Fat Lady Sings

Jim - There will be a ferocious bounce, further bewildering participants - that's my guess.

Perhaps you will be correct, for the sake of my own greed, I hope you are correct.

[EJ]

Re: The Fat Lady Sings

Perhaps you will be correct, for the sake of my own greed, I hope you are correct.

That was the bounce. Second big wave of fear coming.

[Jim Nickerson]

Re: The Fat Lady Sings

That was the bounce. Second big wave of fear coming.

Eric,

To what specifically does THAT refer, and down here in Texas we usually say "That thar."

[Jim Nickerson]

Re: The Fat Lady Sings


This is pasted out of my spreadsheet from 2:05AM EDT. Sorry for the screwed up formatting. The first number in the Middle column is points down, and the second is %down. The good news in Sri Lanka is up--green 4.44 points & 0.18%. The last column is appoximately how much the index has corrected off it's high (this is not exact data)

Asia(Roll over for charts)
Country: Index	Last
DJ Asia-Pacific	146.49	-4.32	-2.86	-12.70%
Australia: All Ordinaries*	5711	-90.20	-1.55	-11.58%
Australia: S&P/ASX*	5687	-100.90	-1.74	-11.49%
China: DJ CBN China 600*	36458	-649.01	-1.75	-1.91%
China: DJ Shanghai*	480	-8.53	-1.75	-1.75%
Hong Kong: Hang Seng*	20585	-790.58	-3.70	-12.52%
India: Bombay Sensex*	14494	-506.54	-3.38	-8.61%
Indonesia: JSX Index*	1901	-127.75	-6.30	-20.93%
Japan: Nikkei Average*	16155	-321.10	-1.95	-11.73%
Japan: Nikkei 300*	315	-5.26	-1.64	-13.37%
Japan: Topix Index*	1567	-26.69	-1.67	-13.73%
Malaysia: DJ Malaysia*	239	-9.77	-3.93	-19.18%
Pakistan: KSE 100*	12691	-95.81	-0.75	-10.64%
Philippines: PSE Index*	2942	-188.03	-6.01	-22.62%
S. Korea: Seoul Composite*	1692	-125.80	-6.92	-15.89%
Singapore: DJ Singapore*	253	-10.10	-3.84	-15.62%
Singapore:Straits Times*	3123	-150.38	-4.59	-14.95%
Sri Lanka: Colombo All Share*	2427	4.44	0.18	-19.91%
Taiwan: Weighted*	8201	-391.67	-4.56	-16.12%
Thailand: SET*	742	-31.64	-4.09	-16.05%
			-4.06	-14.34%

The last 4.06 is the average percentage lost tonight, and the -14.34% is the average off highs.

[rj1]

Re: The Fat Lady Sings

Jim - There will be a ferocious bounce, further bewildering participants - that's my guess.

Congratulations. You win the prize.

[bill]

Re: The Fat Lady Sings

WOW Tanking 8/17/2007 2:08:49 PM (HKT)
NIKKEI 225 INDEX -5.42%
SHANGHAI SE B SHARE INDEX -4.05% Historical... SHENZHEN SE B SHARE INDEX -6.45%