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The ASX to plummet 132 points today?

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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
 
Yeah good point.

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

 
Yep we are down 149 now.

China opens in 18 minutes!
 
China said they have no plans to introduce CGT. My tip for the china market is up slightly... or steady.
 
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.
 
chops_a_must said:
China said they have no plans to introduce CGT. My tip for the china market is up slightly... or steady.
Click to expand...

You've got to be kidding!
 
What exactly was it China did to inspire this correction, have they stated a policy or measures to reduce speculation on the stock market.
 
Looks like its up about 15 points on the open. Anyone else got it yet?
 
KIWIKARLOS said:
What exactly was it China did to inspire this correction, have they stated a policy or measures to reduce speculation on the stock market.
Click to expand...

Yes.

Full explanation on the blog

jog on
d998
 
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%
 
CanOz said:
Looks like its up about 15 points on the open. Anyone else got it yet?
Click to expand...

Nope, i cant see the english code.
15 pts thats about half a percent??
 
nizar said:
Nope, i cant see the english code.
15 pts thats about half a percent??
Click to expand...
Check out the other thread Niz, i just posted another one.

Cheers,
 
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