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  • All Major US Equity Indices Halted

    From zerohedge.com

    The Dow is now down 850 points from Friday's close!! The S&P 500 Futures is halted for the first time in history.

WTF is happening across the world ? Is it an Alien invasion ? ?
????
its called panic selling
Armageddon soon !!!! Say your last prayer !!
Hahaha What the hell is going on :/
I dont care what happened, what i care is I ve got 500 pip buy EURUSD...
Quoting TraderJoe1
its called panic selling
Well you could call it panic selling i call it stop hunting to extreme.. Im on chat with the broker now so many accounts blown with this BS... Head to the brother better value there!
Buble is breaking. Now is the time to make money
Maybe there is simple explanation. Either SL's get hit. Either fake orders pull out on the last minute. Or both.
wow, did not expect hit to hit 1.17 and possibly more to go. damn.
And they trolled China to halt trading in Shanghai
now its PPT
Chinese economy just slow down. What will happen when it will stop. World Economist have to prepare Euro for counter balance.
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Quoting allex82
Buble is breaking. Now is the time to make money
YES.. seen it before.. brilliant opportunities will emerge in next week even today
  •  Guest
  • | IP XX.XXX.144.86
What made the NZDUSD drop 300 pips in 2 minutes?
They are just using China factor as an excuse. Verizon falls more than 10% but it does not have a presence in China. So Did verizon fall because of China?

I think a bear cycle is about to start in equity markets around the world. So don't buy any stocks until the dust settle.
Killing the global economy, America saves its economy. The world economy is in the ass, but the American is dawning. Local conflicts in various regions, mutual economic sanctions between the EU and Russia. Everything is done in order to hide the key condition and get out of the shit. How long have people reminisced about the US debt? What happened to him? He vanished?)) While the world's eyes obscure this lie, the US government is doing its dirty work.
what has happened to USD?
Quoting mrfx1990
what has happened to USD?
....finally they realized.
Quoting mrlfx
I think a bear cycle is about to start in equity markets around the world. So don't buy any stocks until the dust settle.
There has been a strong run-up since 2009, a correction at least is due.

However China has been fanning the flames, I think they are due for a massive crash and I can't see how everyone does not get caught by the shrapnel, at least a little.
Quoting Guest
YES.. seen it before.. brilliant opportunities will emerge in next week even today
+1
Overall, not a bad day. I always get complacent when the markets are plodding around and today was slightly unexpected.
If it wasn't for lead balls the market might have taken the wind from my sail. lol
Quoting Guest
What made the NZDUSD drop 300 pips in 2 minutes?
cleaning out us OTC traders profits??
The 9-years cycle of financial crisis is about to start again, remember 1997, 2006/7 and now 2015?
I prefer to listen to classical music over conjecture. There are powerful forces at play and we don't know how this works.
It seems no one is able to explain what happened in the financial markets today.
Time to buy gold I think
Quoting pipskill
Time to buy gold I think
You called that right
Quoting Exodus
There has been a strong run-up since 2009, a correction at least is due.

However China has been fanning the flames, I think they are due for a massive crash and I can't see how everyone does not get caught by the shrapnel, at least a little.
I would say China and Chinese have different trading style compare to the West. They are more logical and intuitive. Somehow, they have the sense of some crisis is coming. And they will try to avoid it.

When China market is booming, it seems nothing can stop it. When it's crashing, seems the same way that nothing can stop it.

I don't think they have good financial analysis. Not because they are not educated, but because they think they don't need it.

They also think they don't need to know what economy situation in other part of the world. And they don't need to know any reason for any crash. They see the number, and it tells them the situation.

When the sale goes up, it means economy is good. When it's down, economy is on the decline.

And they are very patient. They can wait till the decline goes away, then they make their move. Once they enter the market, it's just up up and up. When they pull out, it's just down, down and down.

The market can be crashing, but I think China economy holds.
Oh yeah!

Quoting althar
And they trolled China to halt trading in Shanghai
Quoting Guest
What made the NZDUSD drop 300 pips in 2 minutes?
Wow.. if you got a fill anywhere down at 60/62 ..!! what a trade!
Quoting frx_trader
I would say China and Chinese have different trading style compare to the West. ...
Ok. I heard or read last few weeks that Chinese govt. was pumping money into brokerages to encourage or support margined stock holding. I understood that as encouraging leveraged investment. It made me shiver.

So no argument, and I hope you are right. No denying there is a different approach.
Quoting Exodus
Ok. I heard or read last few weeks that Chinese govt. was pumping money into brokerages to encourage or support margined stock holding. I understood that as encouraging leveraged investment. It made me shiver.

So no argument, and I hope you are right. No denying there is a different approach.
I see your point. Well, we are talking about these clowns and investors. Maybe the clowns or their relatives have some investment of their own. Who knows?
Quoting frx_trader
I would say China and Chinese have different trading style compare to the West. They are more logical and intuitive. Somehow, they have the sense of some crisis is coming. And they will try to avoid it.

When China market is booming, it seems nothing can stop it. When it's crashing, seems the same way that nothing can stop it.

I don't think they have good financial analysis. Not because they are not educated, but because they think they don't need it.

They also think they don't need to know what economy situation in other part of the world....
Actually the average investor in China is very inexperienced and as such lacks any perspective. The actual shanghai market opened less than 25 years ago.

So the average investor is a newbie with no real understanding of the market and no depth of experience dealing with the extremes of mood caused by market swings. In other words you have several hundred million sheep which makes for very sharp movements in both directions.

And for those of you who like astrology, it just happens this is the Year of the Sheep.
WTF trading halted again?
It's called #BlackMonday for a reason. For all u know, George Soros tried to move his #BlackWednesday calendar forward because he could wait no longer. Or maybe an impostor trying to pull this off. Fast in fast out, markets recovered a little.
Quoting AaronWard
...And for those of you who like astrology, it just happens this is the Year of the Sheep.
Thanks for reminding me, this is my astrological year!

Not that I was born anywhere near China. The number 2 is important ... hope that's not the amount of money I have left after this market shafting

Also, another variant on sheep is Goat. I think I prefer that twist...
Quoting AaronWard
And for those of you who like astrology, it just happens this is the Year of the Sheep.
People who wants to invest should attend astrological school. Just kidding. LOL.

Astrology makes a good prediction of market crash. Again just kidding. LOL.

Another joke. We should avoid investing in the year of sheep, goat, dog, chicken, and the 12 astrology animals in Chinese Astrology. And adding to that the 5 elements of earth, air, wood, iron, and fire LOL
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  • Story Stats
  • Posted: Aug 24, 2015 9:23am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 39  /  Views: 9,575