anyone ?
2007-02-27 16:54:12 · 6 answers · asked by Anonymous in News & Events ➔ Current Events
Short Answer: Investors were worried about the Chinese market. Caused a domino effect which dragged down the market.
2007-02-27 17:01:40 · answer #1 · answered by Chris 3 · 1⤊ 0⤋
#1. We were overdue for a Correction. #2. The World market (China- particularly) has gotten alittle overextended- so when THEY took a plunge yesterday- we followed suit. And #3. There are alot of little "uncertainties" floating around the business world these days- & markets DON'T like uncertainty... The next few days could be bumpy also- but by the middle of next week, things should settle down...- And it could be a VERY good time to get back into the market again...
2007-02-27 17:15:53 · answer #2 · answered by Joseph, II 7 · 0⤊ 0⤋
china passed the laws big buisness been presuring them to pass
copy right laws
so the chinese pass new copy right protections for wto
and then china stock go bust
go figure
china been getting heavied by those owning patents
and ecomony goes into ressesion
the ritch dont loose
they dont sell thier stock ,
but if you had super in stocks your retirment just went south 3 years
the ritch dont suffer they pick up the bargens
well we got the copy rights protected
now see how many chinese commit suicide cause they morgaged thier homes to buy stock
funny about how rules can do stuff like that '
they shoulda learned from l;atin america
but the banks /big buisness wont loose only the little guys
2007-02-27 17:03:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I think the regulators came down hard on some dishonest traders in china.
2007-02-27 17:02:47 · answer #4 · answered by jekin 5 · 0⤊ 0⤋
the chinese thought dick cheney got assassinated, and ww3 had started as a result.
2007-02-28 14:14:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It's no biggee. It happens every now and then.
By Friday it will be up again....
2007-02-27 18:00:29 · answer #6 · answered by Anonymous · 1⤊ 0⤋