PDA

View Full Version : Korea200 sept 11 just had a flash crash



The Enigma
08-08-2011, 12:10 AM
Dont know anything about this stock, but i've just noticed it after flicking through stoxx and found the massive decline interesting.

It was 28,000 on the 2nd
is at this moment 24,243

it opened at 24,948 today, reached a high of 25,203 and crashed to 23,160 ( a 7.8% drop, which it did over 4 hours. the last 30 minutes of which it dropped from 24,623 to 23,160 (5.9%) at 4:18 GMT

it has since relief rallied to 24,363. The stock is trending heavily down in a heavy bear market wiping out all its gains since october 2010.

I think catching the recent bounce from the crash and placing sells would be very profitable.

The Enigma
08-08-2011, 12:12 AM
here is perspective (may turn out small)

Glacial Singer
08-08-2011, 12:40 AM
Nice catch of a dead cat bounce ...............

The Enigma
08-08-2011, 08:13 PM
stock is now at 22,800

down 2000 points in the last hour
300 points lower than the lowest point of the aforementioned crash.

Just as I said, anyone who took my advice just made a ton of money with me.