Major Europe Indices BLEEDING RED INK!!!

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See Link http://finance.yahoo.com/m2?u

-- zguy (itsnot@overyet.nett), January 04, 2000

Answers

Here's another bloody good'un. I'm seeing RED!!

Marketwatch

What's the deal with Turkey though? They like lower oil prices?

-- Hawk (flyin@high.again), January 04, 2000.


YIKES!!!!!

Didja' get a look at Finland? Down some 1300 points!

About the ONLY euro exchange NOT "bleeding" is, ironically enough, Russia!

Yikes.

-- DavePrime (the_tv_guy@hotmail.com), January 04, 2000.


The culture of greed about to eat itself? Fine by me.

-- Dzog (dzog@plasticine.com), January 04, 2000.

Most appear to be down an average of about 3% which is pretty substantial for ALL of Europe! They know our economy is in trouble even before we do.

-- Hawk (flyin@high.again), January 04, 2000.

Turkey hasn't changed for about the last hour, maybe they're not trading

-- Dzog (dzog@plasticine.com), January 04, 2000.


I'm curious why the Russian and Czech Republic exchanges arent open? Is it time zones or somthing else?

Maybe Finland is getting a little nervous about those Russian reactors in their back yard?

-- zguy (itsnot@overyet.nett), January 04, 2000.


This may be nothing but anyone notice the 52 week high and low on turkey united kingdom and others? just curious

-- alton (phillipmorris@mindspring.com), January 04, 2000.

HEX GENERAL (Finland : .HEX ) Last 13922.93 Date/Time 1/4/00 7:17 AM Net Chg -1407.59 % Chg -9.18 % Previous Close 15330.52 Open 15330.52 High 15331.07 Low 13922.73 52 Week High 15487.81 52 Week Low 14578.68

-- Hokie (Hokie_@hotmail.com), January 04, 2000.

what do the turkeys know that no one else does?

-- Kyle (midtnbuddy@aol.com), January 04, 2000.

That Thanksgiving is still a long ways off...

-- Chris Tisone (c_tisone@hotmail.com), January 04, 2000.


Finland is down 1599.58 points or 10.43% and all others are losing ground also! This is going to be interesting when our markets open!

Check out this link. http://biz.yahoo.com/rf/000104/fh.html

-- zguy (itsnot@overyet.nett), January 04, 2000.


Actually, if you look at Yahoo's world market pages it's very clear what's going on: unwinding of "flight to quality".

Many markets are up.

In Asia: Up: China, India, Indonesia, Japan, Pakistan, Phillipines, Korea, Thailand, Taiwan. Down: Singapore, HK.

In Europe: Up: Turkey, Russia. Down: the rest.

Big trouble? Depends if this is a short-term or a long-term trend being unwound.

-- Nigel Arnot (nra@maxwell.ph.kcl.ac.uk), January 04, 2000.


Nigel, you may want to wait until this evening to assess the Asian markets!!

Ray

-- Ray (ray@totacc.com), January 04, 2000.


Maybe, though even the fact that Turkey and Russia are up as the rest of Europe is down seems to indicate a flow from the "safe" markets to the more speculative ones -- and most of the latter are in Asia.

In any case I got out of the stockmarket quite some time ago, believing that a crash was inevitable. That it hasn't happened yet I find incredible, but in any case nothing will tempt me back into stocks other than earnings getting back into line with prices, and history suggests that a crash (or "correction") is by far the most likely way that'll happen.

-- Nigel Arnot (nra@maxwell.ph.kcl.ac.uk), January 04, 2000.


Too much wealth, greed and over pricing, someone's gotta pay. Wait until Greedspin raises interest rates a few times this year. I'm laying low...

-- bardou (bardou@baloney.com), January 04, 2000.


China announced a lessening of restrictions on private investment today. Perhaps it bodes good for all asian markets. Smart move. Nice way to begin to consolidate all the economic gains they have made in the past five years and to begin to assume the role they will play in the next twenty years or so.

-- Michael Erskine (Osiris@urbanna.net), January 04, 2000.

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