The ASX to plummet 132 points today?

[Bush Trader]

What about all the punters that can't even get onto comsuck, or E-Trade to do any panic selling or bargin hunting. I'm with E-trade and cannot even get on to look at my account positions - "server too busy". This is a lesson for all of us non-broker traders if ever there is another 87 you will be frozen out and will have no control. Scary Stuff!

Cheers

 

[Techbuy]

What about all the punters that can't even get onto comsuck, or E-Trade to do any panic selling or bargin hunting. I'm with E-trade and cannot even get on to look at my account positions - "server too busy". This is a lesson for all of us non-broker traders if ever there is another 87 you will be frozen out and will have no control. Scary Stuff!

Cheers

Check the posts in this thread.
Commsuck is overloaded

 

[The Mint Man]

nikkei down 590 points

 

[Realist]

Yeah good point.

If there is a crash, good luck trying to sell. Or even trying to watch it.

 

[j4mesa]

WOW is going up as well...............
it is a wow !!!!

 

[Realist]

Yep we are down 149 now.

China opens in 18 minutes!

 

[chops_a_must]

China said they have no plans to introduce CGT. My tip for the china market is up slightly... or steady.

 

[KIWIKARLOS]

Most stocks are only down between 5-10% this is hardly a crash. Congrats for people who picked up cheaply this morning, Perahpes todays debarcle will encourage more smarter investing and less speculation.

 

[marc1]

Yep we are down 149 now.

China opens in 18 minutes!

If china behaves its self ,your 132 points is looking darn good realist.

 

[CanOz]

China said they have no plans to introduce CGT. My tip for the china market is up slightly... or steady.

You've got to be kidding!

 

[chops_a_must]

You've got to be kidding!

No. It's from bloomberg.

 

[djones]

Yep we are down 149 now.

China opens in 18 minutes!

Wheres a link for the chinese markets?

 

[KIWIKARLOS]

What exactly was it China did to inspire this correction, have they stated a policy or measures to reduce speculation on the stock market.

 

[CanOz]

Wheres a link for the chinese markets?

See if this works, hover over the chinese writing and you can see the english code for the program.

http://news.cjis.cn/ztzq/c/stock/main?menu=stock&sub1=market&all=1&indexcode=000001&indextime=3

 

[CanOz]

Looks like its up about 15 points on the open. Anyone else got it yet?

 

[ducati916]

What exactly was it China did to inspire this correction, have they stated a policy or measures to reduce speculation on the stock market.

Yes.

Full explanation on the blog

jog on
d998

 

[chansw]

I just read from a Hong Kong website about the Chinese sharemarket this morning. The Chinese sharemarket opened lower but bounced back.
The latest at 9:43am HK time, the Shanghai index is up 1.3%

 

[djones]

You've got to be kidding!

http://www.thestar.com/Business/article/186301

 

[nizar]

Looks like its up about 15 points on the open. Anyone else got it yet?

Nope, i cant see the english code.
15 pts thats about half a percent??

 

[CanOz]

Nope, i cant see the english code.
15 pts thats about half a percent??

Check out the other thread Niz, i just posted another one.

Cheers,