Having experienced it, I would say watch it if you haven't yet...it was pretty good.
CNBC '87 crash special on tonite
Started by
tommyt
, Oct 19 2007 02:07 PM
4 replies to this topic
#2
Mtrader
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Posted 19 October 2007 - 02:10 PM
That means big gap up for Monday. Gift from the chiefs.
You are on your own. This is for demonstration only.
JV
JV
#3
nimblebear
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Welcome to the Dark Side !
Posted 19 October 2007 - 05:39 PM
Now whyTF would someone want to watch that. In the scheme of things it was a blip. Now if the Dow drops from here 3000 points I would pay good money for that. Why ? Because the financial economy is much more globally intertwined than it was in 87. Also we have these ugly things called derivatives. $450 trillion or so. WTF would happen with these in the market ? If we dropped 20, it might not just stop there and continue. A few economies could be wiped out.
OTIS.
#4
JAP
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Posted 19 October 2007 - 06:07 PM
CNBC is ridiculous. The pump the hell out of the market and tell you everything is goldielocks, then when the market tanks, they have 1000 explanations of why it tanked 
#5
watson
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Posted 19 October 2007 - 10:52 PM
That means big gap up for Monday. Gift from the chiefs.
What is your reasoning?
