indicators fall to a preprogramed level and these sell off sell offs trigger other sell orders it's a computer driven domino effect and it works within seconds around the globe's so markets in asia have taken the lead from the u.s. as we've seen and a quick look at let's have a look now at how european markets are doing cope our financial correspondent is standing by in frankfurt for us at the moment it looks like european investors are a bit less panicky other way. yeah you heard i guess investors here behind me at the frank for stock exchange are really relieved that we are not seeing this big crash that many investors were actually expecting this morning and early trading shares here at the blue chip index dax were down with more than eight percent now when you look at the router and legs dax but also around europe yes we are seeing big losses most of the indices are down at the moment with a true percent but investors really seem to realize that the world has not really