Author Topic: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN  (Read 1994 times)

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Offline kelee877

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Now this is an ugly day.
And we'll get right to the big story: Indonesia.

The Jakarta market has been getting absolutely wrecked. For the second day in a row it has fallen more than 5%, as it's the latest focal point for the big story of the year, which is the rush of money out of emerging markets.

Nearby, the Thai market (the SET) lost 3%.

Other losers:

Japan -2.6%
Italy -2%
Germany -1.2%
Spain -1.8%
Meanwhile, US Treasuries have finally caught a little bit of a bid on the flight to safety, as the yield on the 10-year drops to 2.81%.

Meanwhile, even commodities are getting smoked. Gold and silver lower.

So the big themes right now are a general risk offishness, with real pain focused on emerging markets.



Read more: http://www.businessinsider.com/morning-markets-august-20-2013-8#ixzz2cVCSHulj
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In loving memory of my son Chris April 12 1985-June 19 2007

Offline kelee877

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #1 on: August 20, 2013, 06:25:24 AM »
Hindenburg Vindicated With 9 Of 11 Red S&P Closes And Counting


Treasury bond yields have risen for 5 of the last 6 days (with the 7Y yield up 35bps in that period) adding 5bps today but since the latest cluster of Hindenburg Omens began to appear, the S&P 500 has fallen for 9 or the last 11 days (-3.6% from the 08/02 highs) and closed below its 50DMA today (on light volume). Today saw 430 new lows (the second highest since Oct 2011) and only 15 new highs. The S&P joined the Dow and the Trannies in the red for the period post-FOMC (June); and only Healthcare, Discretionary, and Industrials remain green from that 6/19 event. The USD ended the day practically unchanged but FX markets were very volatile (AUD and JPY all over the place in the majors and INR in the locals). Commodities in general slid lower by around 0.7% or so in a relativley highly correlated way with stocks. Credit markets continue to underperform, leading stocks lower. VIX was banged back above 15% to its highest close in 7 weeks. Today was the 4th negative close in a row for the S&P - the first time this year.


more at link with charts

http://www.zerohedge.com/news/2013-08-19/hindenburg-vindicated-9-11-red-sp-closes-and-counting
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In loving memory of my son Chris April 12 1985-June 19 2007

Offline M590a1

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #2 on: August 20, 2013, 09:42:34 AM »
There is only 1 thing to know about money... it is created with a simple keystroke out of thin air by private corporations (globalists) without any backing whatsoever. 

Invest it now in yourself, if it is in "the market" you may as well kiss it goodbye.
If you have no sword, sell your cloak and buy one.

The world is not dangerous because of those who do harm, but because of those who look on without doing anything.

Offline thecrownsown

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #3 on: August 20, 2013, 10:35:20 AM »
There is only 1 thing to know about money... it is created with a simple keystroke out of thin air by private corporations (globalists) without any backing whatsoever. 

Invest it now in yourself, if it is in "the market" you may as well kiss it goodbye.

Thats an opinion...and your entitled to it.....but I don't think your opinion holds accurate to the reality of the economy, finance and how it works.

I'll sleep well knowing I'm diversified both IN the market and out of it. 
"Individual rights are not subject to a public vote; a majority has no right to vote away the rights of a minority; the political function of rights is precisely to protect minorities from oppression by majorities and the smallest minority on earth is the individual."

Ayn Rand

Offline icrcc

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #4 on: August 20, 2013, 10:50:49 AM »
There is only 1 thing to know about money... it is created with a simple keystroke out of thin air by private corporations (globalists) without any backing whatsoever. 

Invest it now in yourself, if it is in "the market" you may as well kiss it goodbye.

I have been blowing kisses for quite some since 2008!  :(
It may never happen. Best to be prepared just in case.

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Offline JustABear

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #5 on: August 20, 2013, 11:26:32 AM »
No stocks, no mutual funds. No worries..... LOLOL
THERE ARE NO PROBLEMS... ONLY OPPORTUNITIES FOR SOLUTIONS

JAB

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #6 on: August 20, 2013, 02:08:14 PM »
FED minutes = volatility. The whole system is pumped up with easy money so I would only start to worry at DOW 8,000 and below. That would reflect better the market situation without easy money. 45% correction is needed but as long as the FED sticks its nose in the market that will not happen.

Offline icrcc

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #7 on: August 20, 2013, 02:40:12 PM »
No stocks, no mutual funds. No worries..... LOLOL

True, you can't lose what you don't have. The other side of the coin is you can't use what you don't have either. 8)
It may never happen. Best to be prepared just in case.

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Offline JustABear

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #8 on: August 20, 2013, 02:41:46 PM »
AHHhhh... it isn't what I don't have... it's HOW I have it that matters to me. None of my assets are tied directly to the market. The invested principal and accumulated interest has  no volatility ;)
« Last Edit: August 20, 2013, 02:44:58 PM by JustABear »
THERE ARE NO PROBLEMS... ONLY OPPORTUNITIES FOR SOLUTIONS

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Offline kelee877

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Re: MARKETS ARE TUMBLING AROUND THE WORLD INDONESIA CRASHES AGAIN
« Reply #9 on: August 20, 2013, 02:45:03 PM »
Everything is so quiet today out in econo land the PPT must be working overtime
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In loving memory of my son Chris April 12 1985-June 19 2007