Crash ALERT!!! SGX Nifty 4,861.00 -70.00 (Singapore exchange) Indian Markets to open DOWN 2% today

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MEGA Crash ALERT!!! SGX Nifty 4,861.00 -70.00 (Singapore exchange)
8:00 AM India time
19th August 2011
Indian Markets  to open DOWN 2% today

US markets down 3.7% to 5.2%

Asia down 2% to 3%