What just happened in the stock market? | TigerDroppings.com
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LSURussian
LSU Fan
Member since Feb 2005
85143 posts

What just happened in the stock market?



The DJ was down almost 100 points and within a minute and a half it rallied to being down only 30 points.

I'm watching CNBC and the talking heads on there are oblivious to this flash rally. I searched all the business sites and no word from them either.

WTF???
This post was edited on 12/28 at 9:50 am



Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40873 posts
Online

re: What just happened in the stock market?
seems like the fiscal cliff talks is driving everything lately. Did something new happen there?


LSU0358
LSU Fan
Member since Jan 2005
5563 posts
Online

re: What just happened in the stock market?
Don't know, but if this rally gets retraced could be an ugly rest of the day.


Janky
LSU Fan
Team Primo
Member since Jun 2011
10117 posts
Online

re: What just happened in the stock market?
We klilled Bin Laden.


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LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
quote:

seems like the fiscal cliff talks is driving everything lately. Did something new happen there?


There was an announcement about a meeting at the WH this afternoon on the fiscal cliff but that announcement was more than an hour before the flash rally happened, so I don't think that could be it.


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LSUcam
LSU Fan
Destin FL
Member since Dec 2011
381 posts

re: What just happened in the stock market?
Same thing that happened yesterday. If anything, I find it supportive that the market dips 1% and institutions see buying opps. To me that = fair market value.


LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
quote:

Same thing that happened yesterday.
But the rally yesterday was caused by the H of Reps announcing they were returning to work on Sunday on the fiscal cliff. There was a direct correlation between the time of that announcement and yesterday's rally.

Today, I can't find any news event at the time of the mini-rally.


Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
40873 posts
Online

re: What just happened in the stock market?
Some news leaked to WS that hasnt gone public


LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
Maybe so.


Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
18847 posts
Online

re: What just happened in the stock market?
PPT! Of course...


LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
quote:

PPT! Of course...


Probabilistic Polynomial Time????


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LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
CNBC just said a 'new offer' from Obama was extended this morning to Bohner on the FC although no details were released other than it was a stop-gap, short-term fix to give them more time for a 'permanent' fix.

Crap! They've had over 6 months and an election to come up with something!

I wish the cliff law contained a provision that no elected federal official can draw a salary after 1/1/13 until a 'permanent' cliff resolution is passed.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
58131 posts

re: What just happened in the stock market?
Triple Witching Friday?

I thought that was last week.


LSURussian
LSU Fan
Member since Feb 2005
85143 posts

re: What just happened in the stock market?
quote:

Triple Witching Friday?

I thought that was last week.
It was.


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
58131 posts

re: What just happened in the stock market?
Rules that out then.


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Doc Fenton
LSU Fan
Member since Feb 2007
51087 posts

re: What just happened in the stock market?
quote:

They've had over 6 months and an election to come up with something!


You mean instead of repeated cycles of leaked rumors meant to convey the following message...

Image: http://www.bestoftheblogs.com/ClientFiles/960b84cf-95e6-4f4f-bfc1-faa534513ac7/lucy-football.jpg


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PlanoPrivateer
LSU Fan
Frisco, TX
Member since Jan 2004
1444 posts

re: What just happened in the stock market?
I just receivied two email alerts at 3:49 EST. Market down over 100 points.


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NC_Tigah
LSU Fan
Member since Sep 2003
56733 posts
Online

re: What just happened in the stock market?
quote:

WTF???
Low volume


TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
17354 posts

re: What just happened in the stock market?
What NC said.

A lot of fund managers are not in the office and those big trades just aren't happening.


long4life
LSU Fan
Member since Aug 2012
845 posts

re: What just happened in the stock market?
why the hell do you people watch CNBC? wtf is wrong with you?. Fox Business can be annoying, but no way they are nearly as biased as those communists bastards. Just what the frick is wrong with you people?


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