Thursday, November 26, 2009

What happened today?!

Market Data

I've not seen that happen before. What happened to the market today 10:30-14:00? What did I miss? Software issues?

Posted by night @ 09:28 PM (1649 views)
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6 thoughts on “What happened today?!

  • See earlier post

    Markets in melt down?BBC news: London Stock Exchange trading hit by technical glitchStock market has ceased trading. Is the collapse coming?

    Posted by will @ 12:44 PM 14 Comments

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  • Fallingbuzzard says:

    Yep, it was shut down. Technical glitch, of course.

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  • The cynical amongst us might think it was as a result of a circuit breaker (a technical term for stock exchange shut down when the index drops below a certain point). In this instance as a result of Dubai raising concerns on its ability to pay off its borrowing.

    I note with interest that as a result of this announcement the US dollar surged.

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  • A computer crash at the London Stock Exchange, which by coincidence is 21 per cent owned by the Dubai Government (remember those loan defaults), left dealers unable to trade for three and a half hours.

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  • Very susupicious as far as I’m concerned. It’s too much of a co-incidence – it’s all adding to my conclusions that the markets are being heavily manipulated by those whose interests are in the rich minority and those who seek to control world powers rather than help the average man on the street. The public is being fooled.

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  • Ah, thanks, it had dropped off the front-page feed by the time I looked at the site. Apologies for effectively reposting the same thing.

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