Dows Crash 2016

[Oscar Reed]

@king156

The pain returns.

 

[brewski1984]

@king156

The pain returns.

The maths says he got wiped out already? Unless he found a couple million down the back of the sofa

 

[barjon]

The maths says he got wiped out already? Unless he found a couple million down the back of the sofa

No, he’ll have made a mint. I expect we’ll hear all about it soon 😴

 

[mike.]

Yes I think so, but perhaps not in the way you might think.

Observation based.

As far as I can work out, the algo's basically get turned off because volatility has increased beyond normal ranges. When this happens we appear to get buy side vacuums and as a result we pretty much see a flash crash type price action.
So if my theory is correct, then it's entirely possible we could see a full retrace and who knows, even new near term highs!

So it wasn’t poor old Nivander sing in his bedroom in Hounslow that caused this one eh. ? 😆 word on the street says he’s in America at the moment co-operating with the feds,trying to land some bigger fish to get his 1000 year sentence reduced a bit...

 

[counter_violent]

Yes I think so, but perhaps not in the way you might think.

Observation based.

As far as I can work out, the algo's basically get turned off because volatility has increased beyond normal ranges. When this happens we appear to get buy side vacuums and as a result we pretty much see a flash crash type price action.
So if my theory is correct, then it's entirely possible we could see a full retrace and who knows, even new near term highs!

:whistling

 

[wallstreetwarrior87]

:whistling

Nice observation.

Now we are going to see if the buyers are as willing to come in this time as we probe higher - have they managed to forget what has just happened?

 

[Atilla]

Interest rates rise in boom times and fall over recessions.

Onwards and forwards. Signs are good. 👍

 

[counter_violent]

Interest rates rise in boom times and fall over recessions.

Onwards and forwards. Signs are good. 👍

You sound like a Brexit and Trump supporter now. I wish you would make your mind up ! 😆

 

[Atilla]

You sound like a Brexit and Trump supporter now. I wish you would make your mind up ! 😆

Neither know what they do or why?

Great minds think alike and fools seldom differ. 😉

 

[kalott]

"“We don’t know when that day is going to be, it could be tomorrow, or next year, or two or three years from now,” Saluzzi said. “But when it happens, it’s going to be really, really ugly.”"

https://www.marketwatch.com/story/3...day-could-stock-market-crash-again-2017-10-16

"The Dow dropped 4% on Friday, Oct. 16, 1987, and then plunged 23% on Black Monday.

There were many factors contributing to what was an unprecedented event to almost everyone on Wall Street. Those included a 44% run-up for the Dow from the end of 1986 through Aug. 25, 1987.

That jump was spurred, in part, by the Tax Reform Act of 1986"

https://www.marketwatch.com/story/t...-market-crash-warn-of-danger-today-2017-10-19