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Nikkei – Yikes!

by Flexo on January 18, 2006

in Uncategorized

Nikkei crashes

I was just about to go to sleep when I noticed the Nikkei crashed 4 percent and trading was suspended. All of the Asian markets seem to be affected. Tomorrow will be an interesting day for stocks.

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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{ 2 comments… read them below or add one }

1 Will Kirby January 18, 2006 at 11:42 am

The big yikes for me came when Yahoo didn’t live up to expectations causing Google to drop double digits. I’m still up huge from when I bought it a while ago, but I can’t help but feel like a pig on days like these!

But, i’m sticking to my plan to hold it until it reports earnings. Wish me luck!

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2 mapgirl January 18, 2006 at 4:26 pm

I heard about this on BBC radio last night. It’s a good way to get world news. The main thing causing the run was a company called InsideDoor or something like that. The tech stock was being investigated and I guess the drop in its prices was making margin calls and so ppl were dumping their porfolios to cover the calls.

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