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MarketTicker Forums Read Message in NotSoBreakingGeo
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User Info Another Market Breaks - Tokyo Stock Exchange Halts Derivativ in forum [NotSoBreakingGeo]
Stonedog
Posts: 2080
Incept: 2008-05-29
Green A True American Patriot!
New Jersey
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Karl - hope that this is the right place for this -
http://www.zerohedge.com/news/another-ma....

Quote:
Earlier today the Spanish stock exchange was down for nearly 5 hours - the reason is unclear: perhaps as a form of precrime punishment to all those felons who would even consider selling stocks in the future. Now, the SkyNet self-awareness wave goes East just as Japan opens and takes down all Tokyo derivative trading:

Tokyo Stock Exchange Stops Derivative Trades, Cites System Error - BBG
Tokyo Stock Exchange Group stopped trading of Topix futures, JGB futures and options from around
9:20 a.m. because of a systems error.
Co. spokesman Naoya Takahashi spoke in phone interview


In the aftermath a series of events such as the FaceBook IPO collapse, Knight, IBEX, this was only logical and expected. Tomorrow, any stock market that even thinks of a red candle will be halted indefinitely.

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"I would characterize my professional disdain as more of a professional contempt for their [Central Banker, Banker and politician] economic and financial policies, priorities, presumptions and prescriptions." - Lauren Lyster on Capital Account for Friday June 16, 2012

"All the stimulus, the bailouts, the quantit
Nanna
Posts: 5672
Incept: 2008-01-20
Gold
NY State
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LOL live by chaos die by chaos!


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"There are fluctuations in the market that don't mean anything."Ira Gluskin, February 14, 2012
Asimov
Posts: 104066
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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Probably should be in breaking. But whatever. I posted it in the trading spam thread too.

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
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