Irishb225 Posted July 8, 2015 Report Share Posted July 8, 2015 Just heard the NYSE suspended trading on the same day the Chinese stock exchange nosedived don't have a link so mods feel free to move topic just wondering if anyone heard anything thanks 1 1 Link to comment Share on other sites More sharing options...
freeroy Posted July 8, 2015 Report Share Posted July 8, 2015 nyse down 177 nikkel down 638 all others down some. http://www.cnbc.com/id/102806720 says NYSE down 2 hours and counting Link to comment Share on other sites More sharing options...
Jim1cor13 Posted July 8, 2015 Report Share Posted July 8, 2015 (edited) It should be back up before the trading day is over, but it reminds us all no matter the issue or "glitch", it is funny how it happens on heavy selling periods. It may well be just a glitch, but often it is a protective measure put in place to slow the selling and avoid panic. Of course the official reason is almost always a technical glitch. When it comes to markets, the truth is usually difficult to come by. Edited July 8, 2015 by Jim1cor13 Link to comment Share on other sites More sharing options...
irishboy Posted July 8, 2015 Report Share Posted July 8, 2015 Hey irishb What Do You Think Of The Greek Situation Will It Effect Our Investment In Pensions I Was Thinking Of Moving My Pension Into A Cash Account Until This Blows over Link to comment Share on other sites More sharing options...
pattyangel Posted July 8, 2015 Report Share Posted July 8, 2015 (edited) A watchful eye on the market indeed. They call it a glitch... could this be a signs of something bigger to come. As for Greece, it could very well be a beginning to a ripple affect, globally. JMO Edited July 8, 2015 by pattyangel Link to comment Share on other sites More sharing options...
irishboy Posted July 8, 2015 Report Share Posted July 8, 2015 The problem with the global economy at the moment is that divide between lower, middle class and upper class has widened so much that even the middle class are struggling to survive 1 Link to comment Share on other sites More sharing options...
pattyangel Posted July 8, 2015 Report Share Posted July 8, 2015 irishboy...now I'm no financial expert. But I can tell you this. I've invested in gold and silver. Since my hubby returned from Afghanistan, he has taken a low income job to the point we struggle to meet our budget. The gold has helped pay for my house note for the last 1/2 yr. (1300.00) that's after we refinanced it. Employment for him as been a struggle, he's over qualified, to old (which I think he is still my young white knight in armor) So he's had to settle with an under paid employment. What I'm stressing is that gold currency or silver is something to think about. I've made some serious changes in my funds. Only one bank account, I keep only what I need in there. The rest is stored near me. Don't trust the banks. We could very well end up like Greece. 1 Link to comment Share on other sites More sharing options...
irishboy Posted July 8, 2015 Report Share Posted July 8, 2015 I'm glad to hear you had invested in gold and silver and that fruits are being borne for you personally I hate banks and like you keep most of my money close to me Link to comment Share on other sites More sharing options...
Happy Man Posted July 8, 2015 Report Share Posted July 8, 2015 The stock exchange was down, but we could still trade the stocks and options using other exchanges 1 Link to comment Share on other sites More sharing options...
yota691 Posted July 8, 2015 Report Share Posted July 8, 2015 Anonymous dropped this message last night before Wall Street went dark today, and it’s pretty safe to say it’s blowing minds. From The Blaze: According to Eric Scott Hunsader who is a market structure expert says this is “the most significant outage since Nasdaq’s blackout” in 2013. The night before the New York Stock Exchange temporarily suspended trading due to an “internal technical issue,” the hacker collective Anonymous had a cryptic message for Wall Street on Twitter. “Wonder if tomorrow is going to be bad for Wall Street…. we can only hope,” said the tweet posted at 11:45 p.m. Tuesday. The NYSE said it was experiencing a technical issue Wednesday afternoon and said it was not the result of a cyberbreach. Both the Department of Homeland Security and the White House said there was no indication of malicious actor involvement. “We’re experiencing a technical issue that we’re working to resolve as quickly as possible,” the NYSE said in a statement. “We’re doing our utmost to produce a swift resolution & will be providing further updates as soon as we can.” “The issue we are experiencing is an internal technical issue and is not the result of a cyber breach,” the statement continued. “We chose to suspend trading on NYSE to avoid problems arising from our technical issue. NYSE-listed securities continue to trade unaffected on other market centers.” The NYSE ultimately resumed trading shortly after 3 p.m. eastern time. Things just got a whole lot more interesting. 2 Link to comment Share on other sites More sharing options...
yota691 Posted July 8, 2015 Report Share Posted July 8, 2015 Fallout from China market rout spreadsPublished on Jul 8, 2015 Link to comment Share on other sites More sharing options...
pattyangel Posted July 9, 2015 Report Share Posted July 9, 2015 They'll say whatever will soothe the mind. I take the "Tech glitch" as a common reference to something serious to come. Take note people, all that is going on are signs of troublesome times in the future. Link to comment Share on other sites More sharing options...
temperament5 Posted July 17, 2015 Report Share Posted July 17, 2015 Agreed Patty Angel, this was not a glitch, although that is what they are feeding the public. Like Jim mentioned it was done to stave off a sell-off. Like China this market has been propped up by the government. It's a two-legged stool. It will be popping sooner rather than later. Some experts believe that if the Chinese Real Estate Market bubble bursts, there is no holding the U.S. bubble up. Link to comment Share on other sites More sharing options...
dantach Posted August 13, 2015 Report Share Posted August 13, 2015 Patty angel, "don't trust the banks" . Wise lady! Link to comment Share on other sites More sharing options...
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