Originally Posted by
arc
hahaha it does sound off the edge , no I dont think for a second that its a conspiracy or "evil people"
Tax time is different for different parts of the world so it cant be related to that. The closest other event was the Chinese devalue but that was announced on the 12th?.
I have no theory. I found a pattern that I personally do not understand... end of story
I dont understand crashes, why do they happen, what are the triggers, what are the significant things that contribute to it. Its like the whole world woke up on the 7th and said its Hammer-Time.
You financial wizards out there, tell me what would make almost every top100, top500 across multiple stock exchanges undergo a selldown on the same day, or at least within a 3 day period.
Also in your estimation would the ongoing effects of this initial selldown be the cause of black monday, or is it just a coincidence