China is doing ok....... only a 70% drop !!

[Cyberman]

http://news.bbc.co.uk/2/hi/business/7663561.stm

'"Although the economic crisis is hurting other countries, for China I can't see there is a big impact. The stock market hasn't changed a lot compared to several years ago. It has plunged 70%; that's just a return to where it was before," she said. '




I think they are in denial !!!!!

[Moscow Mule]

I think they are in denial !!!!!

No, you're thinking of Egypt.

[VectraMan]

Just worked out the £4K I put into a Asia ex Japan index linked ISA in March is now work £2760.

[Iron Condor]

No its the Irish Stock Market

http://uk.finance.yahoo.com/q/bc?s=%5EISEQ&t=5y

Down 70%!

[Cyberman]

No its the Irish Stock Market

http://uk.finance.yahoo.com/q/bc?s=%5EISEQ&t=5y

Down 70%!

They say that stock markets are the barometer of things to come. It's not looking good at all.

[Turion]

70% is nothing for these corrupt emerging 3rd world micky mouse economies. The're driven by false hope and rumour.

Nothing like our stable, democratic systems born out of centuries of experience. Nothing like that could happen to any of our stockmarkets surely....

[Diver]

Scrap metal prices dropped from £140 a ton, to £110 a ton today. not looking good for my massive profits before Xmas

[AlfredJPruffock]

Grey Slates remain Grey Slates - so no change there.

[TheBigYinJames]

Stock market obsessives with more money than sense say that stock markets are the barometer of things to come. It's not looking good at all.

Yeh, I'm sure the future is very bleak for stock market people.

[ace00]

China has had a massive bull-run leading to over-valuation in 2007 (forward p/e). It has now "corrected" to 2004/5 trend levels. I found this out after taking a 40% hit on my China fund.