10-10-2008, 01:29 AM
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#1
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Read? I only know how to write.
Join Date: Jan 2001
Posts: 11,933
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In deregulated markets, one can shout "FIRE"
It just does not stop. From MarketWatch.com of 10 Oct 2008:
Quote:
Stocks soaked in red ink on panic attack
Japanese shares plunged Friday, with the benchmark Nikkei 225 Average setting itself on course for the biggest one-day drop in more than two decades, as panic-stricken investors rushed to dump stocks across the board to raise cash.
At their lowest levels during the session, the Nikkei 225 Average tumbled as much as 11.4% in Tokyo and the Hang Seng Index lost 8.5% in Hong Kong, the Kospi index shed 9% in Seoul and India's Sensex slumped 9.6%, before recovering slightly. Elsewhere, Singapore's Straits Times index tumbled as much as 7.5% and Thailand's SET index gave up 8.2%, while China's Shanghai Composite lost as much as 5.4%.
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