Nikkei down 590 points

[southfork]

Going to be one hell of a day tomorow, put your seat belts on.

[phideaux]

Dow Jones futures down 70 points @ 8:40 PN ET

[southfork]

Could be a blood bath for equities tomorrow, wonder if it drags PMs down with it or do they seek a real asset and drive silver over 40 bucks in a frenzy

[phideaux]

PPT to the rescue??

http://chart.finance.yahoo.com/z?s=%5eN225&t=1d&q=l&l=on&z=l&p=s&a=v&p=s&lang=en-US&region=US

[southfork]

PPT to the rescue??

http://chart.finance.yahoo.com/z?s=%5eN225&t=1d&q=l&l=on&z=l&p=s&a=v&p=s&lang=en-US&region=US

Over a 5% dip, PPT may be too busy tomorrow supporting the Dow to Fk with metals, it will be an interesting day.

[prophet]

Could be a blood bath for equities tomorrow, wonder if it drags PMs down with it or do they seek a real asset and drive silver over 40 bucks in a frenzy

Hope it does! Sorry.....i am 50% cash presently......lookin for entry

[southfork]

Hope it does! Sorry.....i am 50% cash presently......lookin for entry

Matters not to I up or down , in the scheme of things it's long term for myself and I would welcome another under 30 buy but I dont see it in the future.

[Sindgefallen]

PPT at the BOJ dropped 86 billion dollars of yen to prop up the markets but I think there may be some more to come. Yeah, those crashing numbers on the Nikkei beg for more printing.

[prophet]

Matters not to I up or down , in the scheme of things it's long term for myself and I would welcome another under 30 buy but I dont see it in the future.

Not askin for $30........$33 would be great! :)

[~BS]

silver probably will take a dollar dump. gold probably back down to 1400. Pall & plad have been in the ****ter recently.

[phideaux]

silver probably will take a dollar dump. gold probably back down to 1400. Pall & plad have been in the ****ter recently.

As we speak:
Gold even (was up $11 earlier)
Silver down 30 cents (was up 50 cents)
Plat down $42
Pal down $14.

Nikkei down 650 (6.3%)
DJIA futures down 52.

[Sindgefallen]

As we speak:
Gold even (was up $11 earlier)
Silver down 30 cents (was up 50 cents)
Plat down $42
Pal down $14.

Nikkei down 650 (6.3%)
DJIA futures down 52.

Sounds like a lot of people trying to get liquid to deal with devastation. I saw the 650 points down, just, wow.

[~BS]

As we speak:
Gold even (was up $11 earlier)
Silver down 30 cents (was up 50 cents)
Plat down $42
Pal down $14.

Nikkei down 650 (6.3%)
DJIA futures down 52.

Really strange. Usually we'd see a monday beatdown of the metals. At least I got the plat/pal in the ****ter right.

[Silver Buck]

Really strange. Usually we'd see a monday beatdown of the metals. At least I got the plat/pal in the ****ter right.

I figure that plat/pal will rebound in the not too distant future. The US imports 1.5 million cars a year from Japan, and we won't be getting those any time soon, so someone else will be picking up the demand. Also, Japan will be replacing millions of cars down the road.

[~BS]

I miss when Pall was sub $350. I'd probably buy again if it goes sub $700.

[southfork]

Down another 390 points, dow will follow tomorrow I dont think the ppt has much DP left, metals a tough one to call, I figured they would hit silver today.

[southfork]

479 now. Gold and silver seem to be the safe havens so far.

[Sindgefallen]

Very light selling in metals but Bloomberg has Nikkei down over ANOTHER 6% right now.

I just cannot see the U.S. markets not falling tomorrow unless Obama appoints Kudlow the overlord of Japanese reconstruction contracting or something.

[Anakin]

Daryl Guppy is suggesting a 30% fall from 10,500 to about 7000, cites TA and mkt action after the Kobe quake.

[phideaux]

Dow Jones futures down 70 points @ 8:40 PN ET

Deja Vu. DJIA futures is down another 70 points tonight, too.

EDIT: DJIA futures down another 70 points. (-140 total tonight @ 1030 PM EDT

[phideaux]

You can watch the Nikkei live (no delay) here:

http://e.nikkei.com/e/fr/marketlive.aspx

[Anakin]

Dow Futures down 141 right now.

This event will be THE bottom for the japanese market/economy . The end to the lost decades.

I think so. Buying a Japan ETF sometime in the next 18 months may work out very well.

[~BS]

silver probably will take a dollar dump. gold probably back down to 1400. Pall & plad have been in the ****ter recently.

hah, looks like i was a day early. Plat is at $1700, Pall is at $700 too. I probably buy if I can find it around spot.