It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

The most epic ``stock market crash`` audio recorded... May 6 2010

page: 1
4

log in

join
share:

posted on Aug, 8 2011 @ 08:50 PM
link   
Remember the flash crash last year? When they said it was a ``fat finger`` that started it all... well listen to this, it's quite epic.

The Dow Jones plunged 600+ points in 5 minutes... SP500 too crashed quite hard quite fast.



This is what's gonna happen tomorrow if Bernanke doesn't say what he should or the market says BS!




posted on Aug, 8 2011 @ 08:56 PM
link   
reply to post by Vitchilo
 


they sure scare easy huh...



posted on Aug, 8 2011 @ 08:57 PM
link   
I remember when that happened. Wasn't Congress in the midst of
voting on whether the banks were too big too fail? And then suddenly...



posted on Aug, 8 2011 @ 08:58 PM
link   
That...needs....AUTOTUNE!!!!




posted on Aug, 8 2011 @ 09:13 PM
link   
reply to post by Vitchilo
 


Ya, thats what im counting on we need some QE3 and fast just to keep people's money in the market. The fed right now is busy creating an evironment where there is no place to stick ur money but in the stock market. I would say buy pretty soon.



posted on Aug, 8 2011 @ 09:33 PM
link   
Did this flash crash happen on the back of already substantial losses? Or was this fresh from market highs, or close-to-highs?

Btw, TD at ZH mentioned the possibility of the Dow falling over 800 tomorrow if Bernanke doesn’t come out flagging QE3, or similar intentions.

But seriously, with so much commotion over debt and the deficits, and the US having only just been downgraded, how on earth is QE3 or anything remotely similar going to be well received? Markets might respond positively but you can expect, but there will be much bigger problems with further QE the way I understand it.



posted on Aug, 8 2011 @ 09:47 PM
link   

Originally posted by surrealist
Did this flash crash happen on the back of already substantial losses? Or was this fresh from market highs, or close-to-highs?

Well the market was already down 300 points or something... it went down to -1010 points.


Originally posted by surrealistBtw, TD at ZH mentioned the possibility of the Dow falling over 800 tomorrow if Bernanke doesn’t come out flagging QE3, or similar intentions.

Certainly... it will happen if Bernanke doesn't do it. The next resistance level is at -3.5%... the futures are already trading around that... if Bernanke says NO.. the markets tank even more... and then the next resistance is -18%... so it could be WAY OVER 800 points... but there's always the circuit breakers that might stop things... depends at which time the crash happens.


Originally posted by surrealistBut seriously, with so much commotion over debt and the deficits, and the US having only just been downgraded, how on earth is QE3 or anything remotely similar going to be well received? Markets might respond positively but you can expect, but there will be much bigger problems with further QE the way I understand it.

Yeah QE3 effect won't last long and it won't be big IMO... unless Bernanke really cranks it up... like 1.5 trillion in buying assets... QE2 was 600 billion...
edit on 8-8-2011 by Vitchilo because: (no reason given)



new topics

top topics



 
4

log in

join