Dow dropped 1000 after the opening bell, all this day seems crazy to me. What are your predictions and opinions guys?
What's going on with the market?
- Thread starter felixbocharov
- Start date
It is Monday. Everyone is talking about China.
Profit taking, changing instruments, people on vacation, markets will often top in August, well needed correction, and bottom line markets snowball on dumbest things, markets need no reason for going up or down. Heck, we could even finish up on the day, market going 300 points in five minutes.
Complacency with margin players. $475 BILLION in margin debt according to NYSE data as of May 2015, highest in history.
China had significant margin holders as well, with the Shanghai up over 140% in a few years.
Margin loans are "callable" at ANYTIME and my guess is they got called.
China had significant margin holders as well, with the Shanghai up over 140% in a few years.
Margin loans are "callable" at ANYTIME and my guess is they got called.
IS this the first time trading? Did you come into this market sometime after 2009???
This week is only going to be fast, with the VIX above 25 we should see triple digit moves for quite sometime.....
Already been preparing for this open all weekend studying past crashes.
Record volume selling on Thursday, Friday, and other things I cant mention.
But I did not expect the Nasdaq to fill its Sunday night gap and then reverse =p
The stocks are up on Tuesday — that does not necessarily mean everyone's in the clear.
After all, for investors, it's extremely difficult to tell if, first of all, the market is in the bubble, and second, if that bubble is bursting when it's bursting.
After all, for investors, it's extremely difficult to tell if, first of all, the market is in the bubble, and second, if that bubble is bursting when it's bursting.