Big drop in nikkei-buy or wait?


Tokyo Stock Exchange Forced to Close Early

By YURI KAGEYAMA, AP Business Writer
1 hour, 9 minutes ago

TOKYO - Japan’s main stock market index tumbled for a second day Wednesday led by a sell-off in technology shares in a session that was halted 20 minutes early because of heavy trading volume amid a widening criminal investigation of the Internet startup Livedoor.

The benchmark for the Tokyo Stock Exchange plunged 2.9 percent Wednesday in a session that had to be shortened because of a surge in transactions

I’d wait. The news is just getting out. If this shakiness infects Taiwan, after CNY might a good time to jump into your favorite local stocks.

At the very least you’ll have to wait until they re-open the market…

At this moment, does not seem to be hurting the US markets that much.

Wonder how it will affect the exchange rates.