Markets in Asia were down sharoly.
The Nikkei fell 2.2% and the Hong Kong Hang Seng was off 2.8%.
The ASX All Ordinaries was off 3% and the market in Jakarta fell 5.3%
Douglas A. McIntyre is a partner at 24/7 Wall St.
BloggingStocks has a new home! Daily Finance.
Click here to visit the new home of BloggingStocks!Find out why more people track their portfolios on AOL Money & Finance then anywhere else.