Chat
07-08-2015, 11:18 AM
I'm suspecting some sort of trick on the Stock Exchange today. "Essentially the floor has been frozen..." All the ticker symbols are frozen and no trading is taking place. It happened when the DJIA was down over 200 points at about 11:30 AM.
Sounds like a glitch, right? Well, here's the hint that makes me think something else is going on:
"The NYSE said all open orders would be canceled, according to Reuters."
WHAT?! All open orders will be cancelled? Let's say that the majority of those open orders are to SELL. After all, the DJIA is down tremendously today, so it is not out of the ordinary that the majority of orders are on the down side. If that is true, then how convenient that all the orders will be magically wiped away? How convenient for those who want to keep the market propped up a bit longer!!!!!
http://www.cnbc.com/id/102806720
Sounds like a glitch, right? Well, here's the hint that makes me think something else is going on:
"The NYSE said all open orders would be canceled, according to Reuters."
WHAT?! All open orders will be cancelled? Let's say that the majority of those open orders are to SELL. After all, the DJIA is down tremendously today, so it is not out of the ordinary that the majority of orders are on the down side. If that is true, then how convenient that all the orders will be magically wiped away? How convenient for those who want to keep the market propped up a bit longer!!!!!
http://www.cnbc.com/id/102806720