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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!!! 
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Posted: 8/11/2011 5:25:08 PM EDT
[#1]
Of course there was going to be another crash.
The market is primed for bubbles and crashes.
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Posted: 8/11/2011 5:28:19 PM EDT
[#2]
As lon as their is a market, there will be crashes... thats they way tradin go!
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Posted: 8/11/2011 5:29:47 PM EDT
[#3]
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.  |
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Posted: 8/11/2011 5:30:54 PM EDT
[#4]
There will be another boom.....
And another crash. 
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Posted: 8/11/2011 5:35:52 PM EDT
[#5]
That's like predicting the Post Office is going to raise the price of stamps.
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Posted: 8/11/2011 5:37:27 PM EDT
[#6]
Quoted:
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. |
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Posted: 8/11/2011 5:38:20 PM EDT
[#7]
OMG. He made an extremely vague prediction about something KIND OF happening what happened before.
WHAT A GENIUS |
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Posted: 8/11/2011 5:44:42 PM EDT
[#8]
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.
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Posted: 8/11/2011 5:49:18 PM EDT
[#9]
Quoted:
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. |
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Posted: 8/11/2011 5:50:29 PM EDT
[#10]
Quoted:
OMG. He made an extremely vague prediction about something KIND OF happening what happened before. WHAT A GENIUS No shit. Tell me which stock is going to what price on which day. Up or down I don't care. That's a prediction 
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Posted: 8/11/2011 5:54:12 PM EDT
[#11]
he is the man
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Posted: 8/11/2011 6:09:18 PM EDT
[#12]
Quoted: There will be another boom..... And another crash. And then another boom? I think I'm getting it now. |
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