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SSEC Index Crashed Today


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#1 redfoliage2

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Posted 15 May 2007 - 03:36 AM

SSEC down almost 4% and firmly below 4000:
http://ichart.financ...m/b?s=000001.SS

#2 jmicou

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Posted 15 May 2007 - 07:46 AM

SSEC down almost 4% and firmly below 4000:
http://ichart.financ...m/b?s=000001.SS

To me, calling a 4% move down in the US equity markets a crash was hyperbolic. For the SSEC, even more so. According to Bloomberg, the move down was less than 4%.

Edited by jmicou, 15 May 2007 - 07:48 AM.


#3 skott

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Posted 15 May 2007 - 08:57 PM

gee, I wonder why? Monday when it was up it was reported by an expert that I forget here who said that was in response to the us markets move friday. why didn't it respond to the move by us markets on Monday? geewiz Maybe someone who knows exactly why each market moves the way it does can give us the answer.