What caused the summer of 2011 crash?

Discussion in 'Trading' started by Hoofhearted, Sep 28, 2012.

  1. It see alot of stocks took a hit then. I wasn't invested in the market then so, I don't have have any correlations with world events to attribute it to. Just wondering what the media blamed it on, or what some of you think.

    I always here the dot com phenom caused the dot com bubble at the turn of the century, and the Lehman Bros caused the 08-09 crash, and I also realize that 011 wasn't as severe and much shorter lived for most stocks.

    I'd like to here from any old fogeys too that remember other not-so-memorable crashes, and would like to share their recollections. Thanks
  2. 1) ?.....around the beginning of August-2011? That was known as "The Downgrade". :eek: :(
    2) Don't ask me about "Tulip Mania" from the ~1690's nor the deflation of the "Mississippi Bubble" from ~1720. :cool: :p