Chinese stock market crashing

[shocka khan]

Warning, if you are in an office, turn your sound down. Sorry.

Looks like the Chinese stock exchange is suffering from an adjustment:

http://www.bloomberg.com/news/articles/2015-06-08/the-6-5-trillion-china-rally-that-s-making-stock-market-history

The government is intervening, but it does not appear to be working:

http://www.bloomberg.com/news/articles/2015-07-08/china-stock-futures-plunge-amid-trading-halts-margin-debt-drop

Over 1300 companies have had trading in their stocks suspended.

This makes Greece look like small potatoes.

[SB Shock]

So what is going on with the U.S. Stock market - trading was suspended.

[shocka khan]

They say it's a "technical glitch". That could include a lot of ground, including as one wag stated, a cyber attack (remote but possible).

[wu_shizzle]

They say it's a "technical glitch". That could include a lot of ground, including as one wag stated, a cyber attack (remote but possible).

It's ok, I'm sure they have insurance.

[_kai_]

United Airlines grounded due to computer issue.

NYSE suspend all trading due to computer issue.

I say it's Skynet.

[Play Angry]

WSJ website crashed at almost the exact same time trading was suspended. The number of hits probably triggered it.

[shocka khan]

It's ok, I'm sure they have insurance.

Well, if they are being hit with a DOS attack, it's certainly not necessary for them to disclose promptly, as anyone attempting to execute a trade will be aware...

[Kung Wu]

United Airlines grounded due to computer issue.

NYSE suspend all trading due to computer issue.

I say it's Skynet.

Probably more like AOL.

[_kai_]

Probably more like AOL.

Brilliant move by Skynet. Assume the name of AOL, no one will realize it when they say "You've Got Mail" as they destroy the Earth.

[Kung Wu]

So you know how right before a large retailer declares bankruptcy, they have a massive sale on a holiday with inventory at below cost prices just to raise as much cash as possible?

4th of July --> Firecrackers --> China

But at $0.49/each those Cracker Barrels sure give you a lot of bang for the buck, amirite MoValley?

[1979Shocker]

Trading resumes on NYSE after nearly 4-hour outage

http://money.cnn.com/2015/07/08/investing/nyse-suspends-trading

[shocka khan]

NM

[MoValley John]

So you know how right before a large retailer declares bankruptcy, they have a massive sale on a holiday with inventory at below cost prices just to raise as much cash as possible?

4th of July --> Firecrackers --> China

But at $0.49/each those Cracker Barrels sure give you a lot of bang for the buck, amirite MoValley?

I got all my digits intact.

[shocka khan]

NYSE is back on line and the problem was a change.

http://time.com/3949865/nyse-down-new-york-stock-exchange-shut-down/?xid=linkedinshare

[shock]

I got all my digits intact.

I guess we can rule out MoValley Johns identity as Jason Pierre-Paul.