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NZ Stocks Plunge, Pulling Index 11% Lower From May High

 
AlasBabylon
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08/07/2011 07:20 PM
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NZ Stocks Plunge, Pulling Index 11% Lower From May High
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" New Zealand Stocks Plunge, Pulling Index 11% Lower From May High "


Aug. 8 (Bloomberg) -- New Zealand stocks fell the most since October 2008, dragging the benchmark NZX 50 Index down by more than 11 percent from its May 20 high.


[link to www.businessweek.com]





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Last Edited by AlasBabylon on 08/07/2011 08:13 PM
Anonymous Coward
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08/07/2011 07:22 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Does anyone really give a shit about the Kiwis?
Anonymous Coward
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08/07/2011 07:23 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Does anyone really give a shit about the Kiwis?
 Quoting: Anonymous Coward 1497081


Nope
Anonymous Coward
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08/07/2011 07:23 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Exaggeration much? It's down 3%....
Anonymous Coward
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08/07/2011 07:23 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Does anyone really give a shit about the Kiwis?
 Quoting: Anonymous Coward 1497081


Nope
 Quoting: Anonymous Coward 1497452



not to worry, you're next./.
Anonymous Coward
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08/07/2011 07:24 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
bsflag
withoutatrace

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08/07/2011 07:25 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
The article says -3.2%.
Anonymous Coward
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08/07/2011 07:25 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
They're only down 3 per cent or so.


No biggy.
AlasBabylon (OP)

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08/07/2011 07:26 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Exaggeration much? It's down 3%....

 Quoting: Anonymous Coward 1459681



3% sounds correct... so the person on Bloomberg TV misspoke.


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Anonymous Coward
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08/07/2011 07:27 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
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Bloomberg TV just said the NZ stock market has fallen 11%






" NZ markets' opening could be litmus test "


Published: 5:50AM Monday August 08, 2011


" All eyes will be on the New Zealand market when it opens at 10am - the first in the Asia-Pacific market to do so since the United States had its credit rating downgraded on Saturday morning. "


[link to tvnz.co.nz]




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 Quoting: AlasBabylon

You are a liar! It fell 3.3%!
AlasBabylon (OP)

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08/07/2011 07:27 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
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I've corrected the title and topic post.

Someone on Bloomberg must not like NZ.





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Last Edited by AlasBabylon on 08/07/2011 07:33 PM
Anonymous Coward
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08/07/2011 07:28 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Exaggeration much? It's down 3%....

 Quoting: Anonymous Coward 1459681



3% sounds correct... so the person on Bloomberg TV misspoke.


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 Quoting: AlasBabylon


Although the talking heads at Bloomberg are usually full of shit, I find it hard to believe they misspoke and stated NZ was down 11% instead of 3%, gaping difference there, about the same as the US budgetary gap.

Melodramatic thread title perhaps?
AlasBabylon (OP)

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08/07/2011 07:29 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
You are a liar! It fell 3.3%!

 Quoting: Anonymous Coward 1493411



I am not a liar... that is what Bloomberg TV said.

Apparently they misspoke and I have changed the info.




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Anonymous Coward
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08/07/2011 07:30 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Have there been any reports of sheep jumping out of 1 story windows yet?
AlasBabylon (OP)

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08/07/2011 07:30 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Melodramatic thread title perhaps?

 Quoting: Anonymous Coward 1459681


That is what they said... they said NZ was down 11 percent.

I predict a lot of confusion in the days ahead.



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AlasBabylon (OP)

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08/07/2011 07:31 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Have there been any reports of sheep jumping out of 1 story windows yet?

 Quoting: Anonymous Coward 1497329



lol


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Anonymous Coward
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08/07/2011 07:32 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
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I'm corrected the title and topic post.

Someone on Bloomberg must not like NZ.



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 Quoting: AlasBabylon


Or someone at bloomberg spilled the beans in advance ??

Maybe that was a news meant for end of day ...

Remember how they "called" the false flags in advance ...

That kind of mistake might be of uttermost interest in days to come ...
Anonymous Coward
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08/07/2011 07:43 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Or it could be that "11" is their secret code to each other, to let the other elite cabals know who's stirring the pot today....


ohyeah
Anonymous Coward
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08/07/2011 07:48 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Or maybe "11" is the signal to elite to put the financial doom pedal to the metal...
Anonymous Coward
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08/07/2011 07:54 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
If the yanks can't balance a check book, what makes you think public relations spinners(reporters) can spin a accurate news story.
Anonymous Coward
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08/07/2011 08:02 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
If the yanks can't balance a check book, what makes you think public relations spinners(reporters) can spin a accurate news story.
 Quoting: Anonymous Coward 1494092


Heehee, you guys are the best. And NZ is the most beautiful country in the world!
AlasBabylon (OP)

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08/07/2011 08:05 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
The article says -3.2%.

 Quoting: withoutatrace



I first posted the article hours ago on another topic.
Maybe it's been updated since then.

That is why when Bloomberg TV began talking about the
NZ stock market I sat up and took notice.

I did not imagine the "11 percent" - that is what they said.



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Anonymous Coward
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08/07/2011 08:11 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
If the yanks can't balance a check book, what makes you think public relations spinners(reporters) can spin a accurate news story.
 Quoting: Anonymous Coward 1494092


Heehee, you guys are the best. And NZ is the most beautiful country in the world!
 Quoting: Anonymous Coward 1497212


We love you too big brother, and realise its not the people in charge of the check book, or the reporting. Best of luck,
please realise, we are only talking of bulk supply of toilet paper.
AlasBabylon (OP)

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08/07/2011 08:12 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
.


This must be the story they messed up:
[I'm going to use this as my topic.]


" New Zealand Stocks Plunge, Pulling Index 11% Lower From May High "


Aug. 8 (Bloomberg) -- New Zealand stocks fell the most since October 2008, dragging the benchmark NZX 50 Index down by more than 11 percent from its May 20 high.


[link to www.businessweek.com]



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Anonymous Coward
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08/07/2011 09:00 PM
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Re: NZ Stocks Plunge, Pulling Index 11% Lower From May High
Have there been any reports of sheep jumping out of 1 story windows yet?

 Quoting: Anonymous Coward 1497329



lol


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 Quoting: AlasBabylon


lol

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