Wow... Did anyone saw that??? Dow down by 1000 points ... holly crap !!!

findvikas

Well-Known Member
#8
That is why I hate automated trading...

[BRIEFING.COM] Selling recently went from frantic to panic as the Dow actually dropped more than 500 points in just five minutes. That gap down put the Dow down more than 1,000 points to a two-month low and beneath its 200-day moving average. However, stocks quickly snapped back as computer trades clicked to buy to drive the Dow back up some 400 points in a matter of minutes.
The action was not the result of any particular news item, but rather a breakdown of technical levels and a wave of broad-based selling. The whipsaw trade has caused a surge in volatility, such that the Volatility Index is currently up more than 60%.
 

findvikas

Well-Known Member
#9
Ok... tell me if this is crazy...I felt like DejaVu tonight.. I had this dream couple of days back that Nifty broke below 5000 and as I was watching it fall down all the way to 4000-3000 and then touched 1000 but managed to close near 2500... yeah that was a detailed dream and a scary one too :D.. that "1000" thing stuck in my mind and I was scared to see Dow dip 1000 points in a day... somehow feeling that dream was somehow linked.. but the reason why Nifty touched 1000 in my dream was terrible... a major terrorist attack or some sort of huge atomic blast somewhere in country...

Sorry if my nightmare scared you but yeah thought I would share it with you all.. :D
 

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