The 666 beast unleashed last night/last close will be slain!!!! This is a fakeout! The real 666 beast did its job in 2009...
Absolutely possible. This is a liquidity sell off. If they provide none, more panic. ECB tried, it should work given time. Unfortunate England is burning. If Fed does not step up, people will continue to get out of dodge. No reason not to.
That's illogical. You are encouraging people to sell equities at bargain basement prices. Not a smart move at all. The reason is simple; companies have an intrinsic value based on balance sheet and earnings stream. People seem desperate to invent reasons to panic sell. They don't want to feel stupid when their quest for safety just ends up being a needless dump of capital.
yesterday S&P close was -6.66%. today IWM close +6.66%...wtf is going on? can't be "just coincidence"