Strange Happening USA 8 July

[River Song]

Odd things happening

NYSE halted - computer glitch(??)

Wall St Journal - Problems with website

China - stocks and shares in meltdown. Government bans trading
for everyone will a certain amount of holdings.

Amber warning

[Mortblanc]

Never fear folks, the U.S. is not in financial meltdown.

The computer glitch was in the hardware connecting the outside world to the trading floor. Trading was suspended because they could not register activity.

There was no cyber attack.

And they did not shut down to avert a panic. The DOW was up by 25 points when they closed at 11:30am.

And the China thing??? What did you expect, their system is made in China!

The Chinese economy is completely state controlled an everything that happens inside that system is under the control of the state and done for a specific purpose.

They will freeze their system, shut down their "open market", nationalize the foreign investment capitol and seize the assets when the time is right for them.

It makes me glad I do not have any KFC or McDonalds stock in my portfolio.

[CharlesHarris]

[Scythe13]

Interesting.

Got any reputable links on this? Would be well worth a check.

Oddly, silver has reached a 5 year low! Buy Buy Buy!!!

[CharlesHarris]

[River Song]

7.30pm No Guys - NYSE STILL DOWN

United Airlines - reported Router Problem

WSJ - No idea

[Steve]

I absolutely believe the official sources that state these are unrelated incidents related to software / hardware glitches.

I also believe in the Tooth Fairy, Father Christmas, and George Osbornes economic recovery.

[Straight Shooter]

" I did not have sex with that woman "........."Watch my lips" ............" we came we saw he died " "Yes we can ! ".....but we probably will not.....Bull shit at its finest.

[Sunna]

if the us was under attack , they would have to say no.....to stop economic panic.

[Mortblanc]

Sorry guys, I really hate to disappoint you but the NYSE was back up in three hours.

They did report that cyber security stock soared for the remainder of the day, so there are some very rich techies laughing all the way to the bank this evening.

I know its a disappointment, but we are still here, our economy has not crashed, the world is not ending, the electricity is still flowing and the internet still works.

As for the truth of the situation, well this one was in the private sector and a whole lot of people were involved before the government even heard about the problem. Very difficult to keep those hundreds of mouths shut before the Men In Black could sweep through with their memory erasers.

But if they did one can take some comfort in the fact that they caught the problem, solved it and moved on with their day. So if it was a cyber attack and someone lied, or if it was a cockroach running across the IC chips,,,,I just don't care!