Flash crash: Swiss Stock Market goes from 9,000 to 400 in ONE MINUTE! Trading Halted
‘In a stunning and terrifying example of how suddenly things can go bad in financial markets, today the Swiss Stock Market went from about nine-thousand (9,000) all the way down to FOUR HUNDRED (400) in one minute!
Trading was HALTED on the entire exchange for about three minutes after which a “STOXX” outage delayed delivery of stock trades.
For years, folks like me have been warning of a catastrophic crash that we see coming in the US stock market. And each time we remind people of our fears, we get laughed at, and told “that can’t happen.” Well folks, it CAN happen and it can happen exactly as fast as things went south in Switzerland today.’
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