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Posted: 8/11/2011 5:24:00 PM EDT
But Cuban is also proving somewhat prophetic in a much more unsettling way. In the spring of last year, only three days after the harrowing May 6 "Flash Crash" that temporarily plunged the Dow Jones Industrial Average more than 1,000 points within minutes, he wrote a blog post that seems chilling today. He titled it, "What Business is Wall Street In?" And toward the end, he wrote in bold, "There will be another crash."

http://www.thepostgame.com/blog/daily-take/201108/did-mark-cuban-predict-market-crash

What an amazing prediction!!!
Link Posted: 8/11/2011 5:25:08 PM EDT
Of course there was going to be another crash.



The market is primed for bubbles and crashes.
Link Posted: 8/11/2011 5:28:19 PM EDT
As lon as their is a market, there will be crashes... thats they way tradin go!
Link Posted: 8/11/2011 5:29:47 PM EDT
There was some chick on "CBS Radio",

which is a bunch of liberal horseshit that's syndicated and cuts into my local AM conservative station...



Anyways, SHE says that the volatility in today's market is all due to Electronic trading.
Link Posted: 8/11/2011 5:30:54 PM EDT
Link Posted: 8/11/2011 5:35:52 PM EDT
That's like predicting the Post Office is going to raise the price of stamps.
Link Posted: 8/11/2011 5:37:27 PM EDT
Originally Posted By gonzo_beyondo:
There was some chick on "CBS Radio",
which is a bunch of liberal horseshit that's syndicated and cuts into my local AM conservative station...

Anyways, SHE says that the volatility in today's market is all due to Electronic trading.


60 Minutes did a story on that.
Link Posted: 8/11/2011 5:38:20 PM EDT
OMG. He made an extremely vague prediction about something KIND OF happening what happened before.



WHAT A GENIUS
Link Posted: 8/11/2011 5:44:42 PM EDT
I read that. What an idiot. I bet someone in GD predicted it within the past year, too, but I don't see any news coverage on it.
Link Posted: 8/11/2011 5:49:18 PM EDT
Originally Posted By Grey_Man:
I read that. What an idiot. I bet someone in GD predicted it within the past year, too, but I don't see any news coverage on it.


I predict that in the future the Dow will fall below 7000. You heard it first from me. Get ready.
Link Posted: 8/11/2011 5:50:29 PM EDT
Link Posted: 8/11/2011 5:54:12 PM EDT
he is the man
Link Posted: 8/11/2011 6:09:18 PM EDT




Originally Posted By krpind:

There will be another boom.....





And another crash.




And then another boom?  



I think I'm getting it now.  

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