Page 7 - Panic Selling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Most important of the day. every day. but especially, today. anything can happen in this final hour of trade. we saw things accelerate. the losses in the stock market on friday in the final hour of trade and sitting in a critical point. like you mentioned, we opened up severely sharper this morning down 1,089 in the dow at one point and panic selling based on china. it does very much have an impact on us. also, oil prices continuing to fall. and while it's good for a consumer eventually at the price at the pump when it falling this far this fast because of global economic slowdown worries, tha...

All of that plays into it here. >> and just for context here, again, about 28 minutes away from the opening bell on wall street. the last time the dow lost over 700 points in a single day was october 15, 2008. will that happen today? the last time it lost over 600 points was august of 2011. what are we going to see? what are they talking about in terms of whether the s&p 500 a broader measure of the market than the dow whether that will fall into a correction this morning like we saw the nasdaq and the dow do on friday? >> we're very close. the futures are indicating, you know, that we could h...

Rebound to the point we see it at now? >> we have always said that the u.s. market is resilient and i think we proved that today. thoroughly. so in the beginning of the day when the market opened, it was down multiple hundred of points. started open about 300 and quickly dropped to the dow down about 1,089 at session lows an we sa you that hold on to the markets for at least 10, 15 minutes so that was panic selling more or less and then perhaps panic buying, folks kind of coming in saying this is as low as it goes. i'll buy when stock prices are low and helped to push prices back higher. the s...

Plan. obama care made us do it. we're going to give you a better plan. it's going to be really expensive, but you don't have to do anything. and somewhere way down in the letter, it will say, oh, by the way, you can go on your marketplace. i saw a letter today from missouri. it didn't even bother telling anybody where to find the market place. and i think it just -- the way that people are reacting to this really brings home the point that a lot of people who will benefit from this law still don't know it, and we need to do a much better job of educating them. >> do you think -- is there any w...

See a for sale sign on the stat you've liberty after october 17th. you're right. traders are watching this. they've seen this movie before. if say, god forbid we doing over the debt ceiling, it will be day on theic at first. >> right. if you had bought, back in the leeman days when things got day on theic, you would make a fortune. and i think traders know that. they're watching. that even though market is down, over 300 points in the last eight days, they're not panic selling. buyers are walking with a. so there's some light selling going on but not panic selling. >> what about the point the ...