Junkdrawer
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Thu Oct-09-08 03:27 PM
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Is it too soon to say Crash yet? |
spanone
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Thu Oct-09-08 03:28 PM
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elocs
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Thu Oct-09-08 03:28 PM
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tekisui
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Thu Oct-09-08 03:29 PM
Response to Original message |
3. It has been a managed crash. |
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300-400 points a day. Rather than 1000 at once.
Not that it is any better in the ling run.....
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Neecy
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Thu Oct-09-08 03:29 PM
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AlCzervik
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Thu Oct-09-08 03:29 PM
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5. The Bloomberg channel called it "A bloodbath" and that's the good $ channel, not the |
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flashy graphics and bells and whistles $ channel.
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begin_within
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Thu Oct-09-08 03:29 PM
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6. crash crash crash crash crash crash crash crash crash crash crash crash crash crash crash crash |
lapfog_1
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Thu Oct-09-08 03:30 PM
Response to Original message |
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40% off of the all time high of 14,164 in exactly 1 year.
Possibly worse than 1929 (since we don't know if we have hit bottom yet).
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Junkdrawer
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Thu Oct-09-08 03:33 PM
Response to Reply #7 |
11. It's dead, Jim....Too bad we spend all our money on a "cure"... |
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Edited on Thu Oct-09-08 03:37 PM by Junkdrawer
that won't fix squat.
You restore trust with honesty, not by windfalls for liars...
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yourout
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Thu Oct-09-08 03:30 PM
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8. kind of like rolling down an embankment. |
Davis_X_Machina
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Thu Oct-09-08 03:32 PM
Response to Original message |
9. At -40% it's only a slightly-more-hungry... |
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...than usual bear. The average is about 35%.
The Nixon bear was ca. 55%
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malaise
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Thu Oct-09-08 03:33 PM
Response to Original message |
10. Heard them say on GEM$NBC that this was the |
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Edited on Thu Oct-09-08 03:37 PM by malaise
worst percentage loss in a day this year? Is that true?
add.
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doublethink
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Thu Oct-09-08 03:35 PM
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12. Both in October too ...... |
DJ13
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Thu Oct-09-08 03:37 PM
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Take a look at the circuit breakers listed on the NYSE website to see what they consider a crash.
Like 10% fall in an hour, 33% in a day, in order to trigger market halts.
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Junkdrawer
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Thu Oct-09-08 03:40 PM
Response to Reply #13 |
14. Almost like someone who knew what they were doing killed the markets... |
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as fast as they could without tripping alarms.
:tinfoilhat:
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4 t 4
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Thu Oct-09-08 03:44 PM
Response to Reply #13 |
15. The first circuit breaker now on any give day is 1100 pts. n/t |
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Edited on Thu Oct-09-08 03:45 PM by on the EDGE
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nadinbrzezinski
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Thu Oct-09-08 03:46 PM
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there you go
ears perked up... and they continue to use the language, with good reason
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slewfoot
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Thu Oct-09-08 03:47 PM
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17. Talking head on CNBC today uttered the words...CRASH! |
Purveyor
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Thu Oct-09-08 04:03 PM
Response to Reply #17 |
18. Indeed. They just described it as a 'cascading crash but a crash just the same'...eom |
dchill
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Thu Oct-09-08 04:05 PM
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19. No, but I think it might be getting close... |
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Sun May 05th 2024, 06:48 AM
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