Oct. 24: Stock Market Crash

[eugene_vn]

And now the Dow futures are indicating that if trading were to hypothetically open now (I write this at around 6 a.m. NY time), the market would already have met a key exchange-set limit for losses! That would be quite a situation, if trading had to be halted for the mandatory hour just a few minutes into the start of trading.

[aiwass322]

Swedish OMX stock exchange dropped 8.3% in 3 hours!
You might know of the american owned swedish car manufacturer Volvo. So far they have fired thousands of people. And more was announced yesterday. Keep in mind that Sweden is a small country with 9 million people. Per capita this is huge!

Our local analysts predicted a very BAD day for NASDAQ and Dow Jones. And now the limit for free fall was reached around 11.30. This is confirmed by Bloomberg and others.

If this is it people, then lets get our s**t together and start working towards the common goal. If the markets crash then it is obvious that other parts of the shadowplay is set into motion. Keep a positive mind and do what is best of the current situation.

Love is the law...

[eugene_vn]

Just to add some balance, it's likely that the market will rally to around 9000 next week. . . so for all of Friday's gloom and doom, the fact of the matter is that stocks will probably be trading higher at some point next week than they are today.

That rally will be short-lived, however, and in November the whole thing should continue collapsing at even a steeper pace than we have seen over the past month.

FOX Breaking News: Dow Futures Plunge 550 Points, Hit Sell-Off Limit

peace,
julie

http://www.foxbusiness.com/story/markets/futures-plummet-ugly-day-street-expected/

[aiwass322]

Originally Posted by eugene_vn

Just to add some balance, it's likely that the market will rally to around 9000 next week. . . so for all of Friday's gloom and doom, the fact of the matter is that stocks will probably be trading higher at some point next week than they are today.

That rally will be short-lived, however, and in November the whole thing should continue collapsing at even a steeper pace than we have seen over the past month.

This is true. The mechanics of a crash can be studied in history.