Chinese shares drop in dramatic free-fall(-8.4%)

BBC ^ | 24 August 2015

[familyop]

Dow future, that is.

[MaxMax]

Like the weather in Texas, just wait a minute and it will change.

[datura]

China failed to learn Japan’s lesson from back in the 80’s/90’s. Remember when we thought Japan would buy all of America?

Now look at their economy.

[Starboard]

The Fed has painted itself into a corner and has few options to deal with this collapse. To make matters even worse, the Fed also has very little credibility. It will be interesting to watch their reaction to this mess and their associated spin cycle.

[Starboard]

Wonder if trading will be halted at some point tomorrow (limit down, trading curbs)?

[MaxMax]

I was young but I remember the scare. The Japs were supposed to be
buying all of NY and every major city. It didn't work out to well for them.

Right now the Chinese are actually buying up property all over Nevada
and beyond. In Reno they're hiring management firms because they're
buying so many homes. And guess which bubble is about to pop again?

[AAABEST]

Futures are f**ked. If I'm seeing this right they're down nearly 500 points:

OUCH

[samadams2000]

Buy list? Mine is BX, OA, WY, VSTO, WAT

[MaxMax]

Good question. I’ll be up in the morning watching hair turn gray, live on TV.

[Read Write Repeat]

If a Republican is elected president, I fully expect Yellen to start yelling about interest rate hikes.

[Sequoyah101]

If a Republican is elected I fully expect Yellen to be gone by any means possible.

[MaxMax]

Down another 6% in 20-minutes since my last update #74.

[Jim from C-Town]

Are you shorting?

[Starboard]

The Plunge Protection Team must be feverishly working tonight. Can’t wait to see why kind of intervention scheme they cook up now that the Fed has backed itself into a corner. My bet is they get their surrogates on Wall Street to pump up the S&P. Watch for big green volume spikes in the morning.

[Sequoyah101]

I find little consolation that it is not yet down as far from the peak as it got in 2011. That was like 16% or better. 16,000 is 12.5% so far.

In ‘11 it was back by Christmas.

Past performance and all that rot.

It never gets any easier to take. You know you are a fool to sell though.

[Starboard]

You are 100% correct. That is exactly what will happen.

[Starboard]

Dr. Copper has been flashing warnings for some time now.

[familyop]

Yes. Getting another administration in office with intentions toward big taxing and spending will add even more interesting problems to the mix, and so far, another one of those is on the way. Let them default and repudiate. It’s the only way to get them off of our backs.

[MaxMax]

I've been watching ETNs for a while now, talk about high volatility in the market.
Right now whomever owns DWTI is having Christmas in the morning with oil dropping.
My guess is about 25-30 gain in the morning, per share.

I've seen it go up $20 on opening with a smaller drop. It's the inverse of UWTI which
gains when oil prices rise. Just another page to keep an eye on.

http://www.velocitysharesetns.com/site-map#

[bakeneko]

Batiatus (Spartacus) tells it like it is:

https://www.youtube.com/watch?v=_3gxA7RXFEA