The asian stocket markets opened ugly.

[AlCzervik]

http://finance.yahoo.com/#market_summary_asia

NIKKEI 225(Osaka: ^N225)
Index Value: 9,695.12
Trade Time: 10:30PM ET
Change: 460.78 (4.54%)
Prev Close: 10,155.90
Open: 10,011.64
Day's Range: 9,686.86 - 10,011.64
52wk Range: 9,916.21 - 17,489.00

[Liberal_in_LA]

1. real ugly

Nikkei 225 9,695.12 -460.78 -4.54%

Hang Seng 15,919.74 -884.02 -5.26%

Straits Times 2,093.36 -84.19 -3.87%

[Warpy]

2. Get used to it, this is the correction that should have happened

many years ago that the GOP stalled by bankrupting this country.

It will get a lot worse before it gets much better.

[lligrd]

3. Wow, Again.

It's beginning to look like the cat really died.

[Subdivisions]

4. Damn. n/t

[tylerdee]

5. What till people see this in the morning. Heartburn anyone?

[magellan]

6. I heard someone talking about 'capitulation' today

A term I admit I was not familiar with before. He was explaining that sell-offs like we've been seeing don't signal a bottom, but something like a quick 1000 point drop one morning would, i.e. everyone who isn't serious about staying in finally gets out, leaving only the big boys in long pants playing.

He said until capitulation happens, the markets will keep gushing blood like this.