I just don't like this trading pattern at all. A little to wild for me. There is virtually no news regarding Nintendo, but we go up or down depending on news not directly related to the video game industry. It's driving me insane!

Guess its to be expected for any company that completely relies on consumer spending (and spare cash). The better the economy, the more money people have - the more games they will buy (and time spent on entertainment).

Might be a little different for Sony - as they are competing in so many different areas (music, movies, tech, games, etc..).

It is sort of wierd that the entire world is now linked - in terms of shares/markets anyway. A sub-morgage crisis hits the US, and Nintendo shares end up suffering ;)

yeah it's funny... my officemate just started buying stocks, and somehow he managed to start a day or two when the Dow hit its recent peak. he's been complaining ever since--he thought he's well diversified, buying mutual funds with global emphasis, but basically HK, Korea, Singapore, Europe, the few weeks have been market in tandem with the US market.

okay, here's the funny part: he bought some China A-share ETF. and that's the one that's managed to stand up, gaining ~20% since he bought it. it's funny because he's been talking about how he thinks the chinese stock market is way over valued and yet it's giving him the best diversification (in the sense that returns aren't correlated).

The Japanese market is really getting crushed. Depending on how the US market performs tomorrow, I may have to pick up a few shares.

good call.

I finally jumped in with some shares when it hit $55 a couple days ago. :)

Why is it that every time the shares reach around the 58-60 mark, they drop again? are people just scared and selling as soon as they hit that point, or is it just a coincidence?

Like I said, the Japanese market is tanking badly. It doesn't really have a whole lot to do with Nintendo itself.

I remember last October a bunch of people sold for no particular reason. That was when the stock was in the 20s. I bet they are kicking themselves now.  

The yen is really skyrocketing. I'm thinking that the Japanese government is going to have to act soon, otherwise their economy is going to tank since Japan is an export nation. If they do nothing, both Sony, Nintendo and just about every Japanese business are going to take huge hits.

This market is nuts. I'd rather just see everything tank instead of this up and down every day. I've decided not to buy a house this year, so I have a lot of cash but this craziness scares me.