KSE panic selling, down 3% September 7, 2008
Posted by mylastresort in analysis.Tags: Collapse, Crash, Decline, KSE, Kuwait Stock Exchange, panic
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The Kuwait Stock Exchange (KSE) crashed on Sunday following a week long decline beginning on August 31, 2008. The market experienced a drop of roughly 500 points or 3.55%. The market index fell as low as 13442.80 in the day. There appears to be confusion surrounding the decline since there have been no significant events to cause such a panic.
- Abu Dhabi Exchange Index -3.74%
- Dubai Financial Markets -4.64%
- Doha Stock Market -2.89%
- Bahrain Exchange -1.01%
- Kuwait Stock Exchange -3.01%
For my subjective reasoning click on the following link: Part 1: The Collapse of the KSE
No where else to go… therapy is key March 20, 2008
Posted by mylastresort in analysis, random.Tags: Crash, Cycle, Depression, Great Depression, James Masten, Psychotherapist, Stock Market, Suicide, Therapy, Trader, Wall Street
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As global markets decline and news of the “Great Depression” recurring once more are repeated on the Bloomberg, financial professionals are retreating to the therapists couch. James Masten, a psychotherapist near Wall Street, has noticed that news about layoffs and market crashes has put stress on patients and couples.
“The process of witnessing the layoffs is very demoralizing and it undermines self esteem and ability to work… Just as there are structures in place – at least I hope there are as an investor – to prevent the market from collapsing, there are structures in place to prevent people from collapsing”
– James Masten, Psychotherapist
Although Masten stated that he does not expect traders to be leaping out of windows as they did during the stock market crash of 1929 he expressed concern regarding the current mental attitudes of the traders.
U.S. Federal Reserve feeds cash starved credit markets March 12, 2008
Posted by mylastresort in analysis.Tags: Asian, Central Banks, Crash, Credits Markets, Dow Jones Industrial, Intervention, Investments, Jakarta, Nasdaq, Nikkei 225 Index, S&P, Sensex, US Federal Reserve, USD
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The U.S. Federal Reserve and four other central banks on Tuesday teamed up to get hundreds of billions of dollars in fresh funds to cash-starved credit markets, allowing financial firms to use securities backed by home mortgages as collateral for central bank loans. Stocks surged, bonds fell and the long-suffering U.S. dollar soared in reaction to the moves, a sign financial markets saw the plan as a step in the right direction to ease a crisis that has threatened world economic growth. The effects on the stock markets are as follows:
- Dow Jones Industrials +3.55%
- S & P 500 Index +3.71%
- Nasdaq 100 +4.06%
The first markets to open after the US would be the East Asian Economies thus far in the day the Nikkei 225 Index is up 1.70%, Sensex up 2.15%, & the Jakarta IDX is at 1.95%…
Charts & Numbers 