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Nikkei falls for 10th straight day for 1st time since 1965

Wednesday 02nd July, 03:47 PM JST

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5 Comments

  • rajakumar at 05:23 PM JST - 2nd July

    13,000 pts and above, it is still Okay. Why this spook about 10 days fall in 1965. Booga, Booga spookman ,at work again.

  • Altria at 05:35 PM JST - 2nd July

    Time to stock up on gold, canned food and ammunition!

    On the other hand, if you manage to pick up stocks at the top of the oil peak, you're gonna be RICH!

  • jammer at 08:27 PM JST - 2nd July

    Time to stock up on gold I'd say your 2 years too late.

    ...pick up stocks at the top of the oil peak, you're gonna be RICH! Actually if you do this you will be broke. You want to short oil when it is at it's peak.

    Agree with #1. More scare mongering. Good excuse for everyone and their sister company to raise prices though. Do it now while all of the smoke and mirrors are up.

  • ThonTaddeo at 10:13 PM JST - 2nd July

    If index movements were completely random, we could see the index fall 10 times in a row roughly every 1024 trading sessions, or every four years.

    Even the total magnitude of the 10-day drop is less than 9%, and there have been much bigger crashes than this in a single day. Perhaps we should ask why there haven't been even more long losing streaks of this kind.

  • romulus3 at 11:50 PM JST - 2nd July

    if you wana get rich, put 10k in Iraq, wait a few years, and also wait for Zimbabwe to heal, then dump the kitchen sink into it coz when the sanctions lift, the infrastructure exists and natural resources abound. overnight success.

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