Page 6 - Panic Selling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Now with this latest leg down, you get the impression in how the authorities are acting in that they're not really reacting, you seem to think that they're much more comfortable letting this market find a more natural base. i don't think they want to see the panic selling, because that sends the wrong headlines across the country, no matter how much they try to hide it, so it will probably be more of a managed, managed sort of movement down. the down remains very much the direction of the shanghai markets at the moment. >> downward approach continues there, mostly because you say it was so ove...

Fluctuate 3,000 points. at one point it was down 1,089 points. now we're only down 200. i say only 200, but at session highs it was five times as bad as what it was earlier. it's an up believable move sparked by a lot of fear and the fear may be coming from what's going in china and whether or not their economy has slowed even more perhaps than the data has been showing us. we had a big loss on friday that continued over the weekend over in asia and europe and then when stolks opened today, that initial fear sparked an awful lot of panic selling. you know, the best time to buy stocks, of cours...

It peaked in the middle of june. shanghai is down some 40% in the last ten weeks or so. we've seen the government coming in with various measures to try to take the steam out of the sell-off and slow things down. we didn't see it today. the government is very much or regulators very much on the sideline letting the markets do what they do. it was panic selling. remember, this market is characterized by the fact they are small retail investors involved and many have borrowed money to play the market and they want to get out. >> there's more still that the chinese government and regulators can d...

The fact of the day open with a panic selling and then there are those out there seeing it as an opportunity. >> you're seeing some really good companies such as apple, disney being beaten down for the last month and some people are saying i'm not going to be able to buy this stock this cheap. so bargain hunters are out there. you know, you're seeing word on wall street, looking, looking for the lows, looking to buy the dip. nobody ever knows exactly when the opportunity is right but again when that's what people are talking about, a deal out of this, that's the animal spirits at work. >> this...

We continue to keep a close eye on wall street. you see now the dow is down 470 points, but it actually is recovered after plunging almost 1100 points at opening bell amid panic selling. all of this started last week, as you must recall, by fears that the slowing economy in china could spill over globally. we'll continue to follow the latest, obviously, from wall street. but to politics now and vice president joe biden's weekly lunch meeting with president obama is about an hour from now and it takes on a different meaning, perhaps. maybe they'll discuss this headline. the wall street journal ...