Quote:
Originally Posted by Tyga11
Nikkei was down 12% today. Something is broken in the financial markets. This is not normal down day by any means. Do I want to be in cash? No. Am I nervous? Beyond belief. If Iran does anything we are heading back down to 4500 on the S&P IMO
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Time difference. Nikkei was catching up to US and other markets Friday drops, and then in line with futures as a bit of program selling and perhaps some early panic set in this morning (overnight). If that is correct, it should recover slightly tonight.