I'm not knowledgeable on the stock market, but I've been watching it yesterday and today. Today, I heard an analyst state that it was foreign investors who had purchased a lot in the U.S. stock market in the past few months, that were now selling. This was the reason he gave for the stock market going down 359 points. BUT, in checking the worldwide stockmarkets, I find the following: Out of 46 world wide markets, only 6 had stocks going up. The other 40 were declining, and in a lot of those there were substancial losses. MOST of the markets world-wide are in decline, so it MUST be some sort of universal factor that is affecting all markets. It's not a matter of foreign investors selling U.S. stocks. The 6 countries that had stocks going up were: China, Pakastan, Taiwan, Russia, Turkey, and Egypt. Does anyone know what factor these 6 countries have in common?

-- Linda (lindasue1@earthlink.net), January 05, 2000

Answers

Yep! They're all inhabited by foreigners :)

-- John Whitley (jwhitley@inforamp.net), January 05, 2000.

Textiles? Nukes? Maybe they are investing in EACH other... you know, you scratch my back...

What's your spin on it? Would be interesting - not to mention horrifying if the above might be true.

-- Ric (ice163@worldnet.att.net), January 05, 2000.

Politically they all lean towards communism -OR- have had close relationships with communist regimes... the only partial exception being Turkey.

-- Richard Allen (rama@i-plus.net.spamstopper), January 05, 2000.

CORRECTION: Both Russia and Turkey have not opened their stock exchanges since Dec. 30th, so exclude them.....I had mis-read the chart and was including their last quotes in December. It's only China, Pakestan, Taiwan, and Egypt, 4 countries that had a rise in thier stock market today! As for my take......I'm at a loss! Something is driving the stock markets WORLD-WIDE down. The media is reporting that the rollover went smoothly, so I'm trying to think of any other factors that are universal. What do the investors, on a world-wide basis know that we don't know??? I suggest everyone watch the markets very closely this week.......something is happening!!

-- Linda (lindasue1@earthlink.net), January 05, 2000.

The first four will finance huge military purchases very soon.

The last two possibly are manufacturing Pokemon Cards.

-- lisa (lisa@work.now), January 05, 2000.

The Fed is draining reserves before it becomes the laughing stock of central banks.

the pasrt is over, easy Al Greenspan just removed the punch bowl.

-- Ishkabibble (ishman@home.com), January 05, 2000.

The problem I see with saying this is foreign flight is that the markets overseas are down big... wouldn't the money that leaves here be reinvested there? Heck... somewhere?

Mike

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-- Mike Taylor (mtdesign3@aol.com), January 05, 2000.

Most of the world hates the United States, because of our capitalist elite that has torn the world assunder. I feel that they are banding together against us, and who could blame them. Our super rich elite hasdescended on them like vultures. Why stick with a loser like us. A nation that gives to our sworn enemies our most valuable assests such as the Panama Canal, and lets our sworn enemies stake footholds on the main continent with out a word or struggle. Who can side or be for a nation that sides in everything with their sworn enemies? They know without a doubt that as a nation, as a people, we are toast, we are history. The real money is elsewhere. If I were a money guru, which I am not I certainly would not have it invested on these shores. Of course I am a nobody getting no more than just enough to suvside on. But I do however know what I have seen these 68 years in this country. It is history, it will disentigrate in the near future, oour government is in overdrive trying to destroy it.

-- Notforlong (Fsur439@aol.com), January 05, 2000.

Those markets probably went up because they are blatantly controlled. Also, alot of money is leaving the U>S> and going back to Japan, so much so that the yen rose against the dollar to the point where the Bank Of Japan had to do big dollar buying intervention to prevent a real "run" on the dollar. The dollar fix has worked (I think temporarily) to stop the rise of the yen. Initially, the Nikkei Dow dropped about 800 points on Wednesday, but then really recovered nicely. Looks like the world's money will go back to Japanese bunds and stocks. Wherever the money"moves", it better go slowly or it will set off another "LCTM" somewhere in the world,probably in the U>S>

-- d (dd@sover.net), January 05, 2000.