D detective Oct 9, 2008 #1 The market has been open for 10 minutes, already futures have been locked limit down twice! Currently locked limit down! The crash is spreading.
The market has been open for 10 minutes, already futures have been locked limit down twice! Currently locked limit down! The crash is spreading.
A aeliodon Oct 9, 2008 #2 Its time to shut down the market - that's the only circuit breaker that will work. I think a 3 day shut down like after 911 would work.
Its time to shut down the market - that's the only circuit breaker that will work. I think a 3 day shut down like after 911 would work.
D detective Oct 9, 2008 #5 ES futures trading down to 881! This is history in the making, we are watching a crash live.....
S sub0 Oct 9, 2008 #6 Pundit on CNBC said their blue chips aren't even open yet so they don't even have a full picture yet. Not sure what that means or if it's true.
Pundit on CNBC said their blue chips aren't even open yet so they don't even have a full picture yet. Not sure what that means or if it's true.
A aeliodon Oct 9, 2008 #9 Watch the fed cut rates again tomorrow and quite frankly they would do 25 bps at 11:00 and another 25 bps at 3:00.
Watch the fed cut rates again tomorrow and quite frankly they would do 25 bps at 11:00 and another 25 bps at 3:00.