Just a small rebound?

[Jaykub]

I wondered about 6 months ago when the stock market was shooting up if this is just a small little rebound before a even bigger drop.

looks like that make be coming true. The dow today came back up but nearly dropped 1000 points at one point which would of shattered the record.


guess its just a waiting game

[LiNuX]

It'll bounce back up. Today was the third day in a row the markets went down, I'm hoping it clears up by next week. Everything was just triggered by the debt crisis in Greece. The same thing happened a few weeks ago with the eruption of the Icelandic volcano and it bounced back up.

[Jaykub]

It almost went down 1000 points and now there saying it was a cyber attack

[LiNuX]

it went down a 1000 points and went back up 500 points soon after. More likely to be a glitch than a cyber attack or just the market going crazy for real. This has happened before several times in stock market history.

[Jaykub]

it went down a 1000 points and went back up 500 points soon after. More likely to be a glitch than a cyber attack or just the market going crazy for real. This has happened before several times in stock market history.

The cyber attack is just what a few news sources said. Later they said it was a glitch then they said it was all to do with greece..... :rolleyes1::rolleyes1:


I just love it when every news source has something different to say....

[LiNuX]

every news source wants to be unique.

But My guess is greece. It's been affecting the markets over the past few days but it should calm down soon. It better....

[Jaykub]

I'll be watching the stock market all day tomorrow for sure

[LiNuX]

Well they are saying now that it's between a glitch and someone within the stock market causing the issue to make major profits. Some stocks completely lost their value for several minutes yesterday going from like $60/share to less than $1 then bouncing back up. And they are going to cancel all orders from yesterday which purchased stocks that lost value of more than 60%.

[Street_Soldier69]

The Dow Jones industrial went down more than 1,000 points in less then 30 minutes.

I smell sumfin fishy.

[LiNuX]

The Dow Jones industrial went down more than 1,000 points in less then 30 minutes.

I smell sumfin fishy.

that's what this thread has been about....

[thedeparted]

Word is some dumb trader sold 16 billion instead of 16 million

[LiNuX]

The glitch actually erased $1 trillion from the value of the stock market in whole so even if that dumb trader exists, he wouldn't be the cause of the whole disaster.

But today was the 4th day in a row the markets went down triple digits for the Dow Jones. But hopefully next week is better. Greece still plays a major role in this downturn. But it will go back up. The stocks did the same thing a few weeks ago with the Icelandic volcano when all the European flights were canceled.

[LiNuX]

Dow is up 400+ points right now, and nasdaq is up 100+ right now which is huge for them. I imagine dow will go back up to 11k this week.