WOW, BIGGEST INTRADAY SWING IN HISTORY, thats actually quite amazing since there is no crisis at hand, or is there????? The Dow Jones industrial average traded about 250 points lower after falling as much as 1,089 points, its biggest intraday swing in history. During the first 90 minutes of trade, the index traveled more than 3,000 points in down and up moves. http://www.cnbc.com/2015/08/24/stocks-plunge-in-historic-rout.html
just bought an ETF I haven't bought in years, FAZ, bought at $12.95 just now....after seeing some of the opening prices on the financials like JPM and GS this morning I thought if these stocks fall hard again I can get some pretty gains by holding FAZ.
zero that has to have the masses worried!!!! Once liquidity dries up markets are locked and down seems like the only answer.... I CANT WAIT WAIT WAIT WAIT for the fed and their emergency meeting, think it should come this week if the markets close on their lows today and open further to the downside tomorrow..... and the fed has nothing left to fix this broken market HAHAHA
They are talking about some of these lowest prints of the day not counting, now imagine if you got in on some of these lows of the days and they retract those trades???
That's what I thought might happen...So now you don't know if your longs count, so you sell and you have an open short...then the market does something nuts and that big gain turns into a huge loss...it's a joke.
Hey I say if the trade went through and its printed in black and white its yours for the taking, they shouldn't be saying those trades didn't count, its not the traders fault you don't have a proper system in place to handle these breaks in the market, its 2015 not 1982....
Right, I don't have a problem with that, but we know they won't allow that...they become like "out trades" and then it can take on a political angle depending upon who is allowed to get f'd by the illiquid trades.
NOTICE HOW EASY it is to say things like this AFTER THE FACT, OF COURSE THEY SAY THIS NOW, how about 2 months ago when the dow was trading pretty above 18,000 where were these headlines then...everyone was predicting a break out and further upside while I was calling for a break to OCTOBER 2014 lows most of this year and a spike in the VIX above the 30-40 level as well....Both just happened, my next prediction is for even further downside, a collapse in all world markets, NEGATIVE interest rates, QE 4, a slowdown in China that the world has never witnessed before, worldwide recession and possible depression in some weaker economies and the markets to plunge over 40-50% from where they at 18,000 in the next 12-18 months.... Doubleline's Jeffrey Gundlach says US equity markets face another major leg down CNBC.com staff | @CNBC 3 Mins AgoBreaking News COMMENTSClick here for the latest on the markets.