Debate House Prices


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Black Monday - Apparently

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Comments

  • carslet
    carslet Posts: 360 Forumite
    edited 24 August 2015 at 3:19PM
    there could be a round of QE to the people.... say 10k each
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Carslet - just heard something similar myself. Seems the uptick around half an hour ago could be on murmurs of fresh QE from the US. in order to halt another economic crisis.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Trading on both the S&P and Nasdaq have now been halted.

    Nasdaq opened 11% down.

    The NYSE is also taking "rule 48" to limit volatility. Whatever the hell rule 48 is.

    http://nyserules.nyse.com/NYSETools/PlatformViewer.asp?searched=1&selectednode=chp_1_3_2_5&CiRestriction=%22Rule+48%22&manual=/nyse/rules/nyse-rules/

    Rule 48 is one of a number of rules to allow for orderly trading in the market. Rule 48 applies to the opening of each trading session (happy to explain what that is but it's boring) and is designed to ensure that the market is able to do what it is meant to do that is to establish price discovery in an orderly manner.
  • carslet
    carslet Posts: 360 Forumite
    Graham_Devon wrote: »
    Carslet - just heard something similar myself. Seems the uptick around half an hour ago could be on murmurs of fresh QE from the US. in order to halt another economic crisis.

    I Think they are all going to have to get together and everyone QE
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    carslet wrote: »
    I Think they are all going to have to get together and everyone QE

    Why? Because people have been reminded share prices go down as well as up?
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 August 2015 at 3:34PM
    wotsthat wrote: »
    Why? Because people have been reminded share prices go down as well as up?

    They can't go down, if I read one of Crashy's posts correctly! OMG I just realised that he might have been being sarcastic, what do you think?

    I've just put the Blomberg channel on, I was curious to see what is behind this mini bounce, they are not offering any explanations (yet). If there isn't a reason, it might just drop off a cliff again.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    S&P is up 4% from intraday lows.

    Prices can go up as well as down.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Crashy_Time wrote: »
    Interesting that the thread on HPC discussing this has about 300 people viewing it, this really is a backwater over here.

    Yes, I was one of them.
    Was looking for comedy value and you guys didn't let me down. :rotfl:
    Don't blame me, I voted Remain.
  • carslet
    carslet Posts: 360 Forumite
    wotsthat wrote: »
    Why? Because people have been reminded share prices go down as well as up?

    Not saying they should do it, more of that is what I think they will do.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well, quite a remarkable recovery going on now!
This discussion has been closed.
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