Monday, October 27, 2008

The Madness of the Crowd: Going Up and Finally Crashing!


Nikkei plunges to 26-year low

Al-Jazeera

"Shares in Japan have plunged to their lowest level in more than a quarter of a century in another brutal day for Asian stocks.

In Tokyo the benchmark Nikkei index closed Monday's trade down 6.36 per cent, to end the day at its worst closing level since October 1982.

The index has lost more than 20 per cent since last Monday and nearly 40 per cent in the last month alone......"

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