Egyptian stock market crash????

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Down 99.85%! I hope this is an error... Anyone know more anything about this?

-- Deb M. (vmcclell@columbus.rr.com), January 12, 2000

Answers

Africa/Middle East

Name Symbol Last Trade Change More Info

Egypt CMA ^CCSI 9:17AM 1 -648 -99.85% Chart

-- Deb M. (vmcclell@columbus.rr.com), January 12, 2000.


Yes, the graph relating to the above shows an inverted pyramid. Doh!

-- Andy (2000EOD@prodigy.net), January 12, 2000.

Look at all the "N/A"'s in this link. It looks like the information just wasn't put into the system this morning, so it defaulted.

-- Three Dots (three_dots@work.now), January 12, 2000.

It's a crash. Don't have all the details yet.

-- (stockwatcher@dergest.net), January 12, 2000.

Africa/Middle East
Egypt CMA ^CCSI 10:03AM 648.91 +0.07 +0.01%
Looks like some Serious Market intervention, all better now.

-- Possible Impact (posim@hotmail.com), January 12, 2000.


TO Stockwatcher:

What the hell is the matter with you?? There is no crash: http://app.marketwatch.com/intl/default.asp

-- futureshock (gray@matter.com), January 12, 2000.


So.... did it crash or did it not crash? Was it just a web site glitch?

-- JoseMiami (caris@prodigy.net), January 12, 2000.

JoseMiami,
It was just a glitch, sorry if my tongue-in-check answer confused anyone.

-- Possible Impact (posim@hotmail.com), January 12, 2000.

Yahoo's major world indice shows Egypt is up 0.01%

-- (all's well@world.over), January 12, 2000.

Oh Lord the stupidity...

Markets don't crash 99.5%!!!!! Obviously it was a typo.

Moron.

-- Robert Hebert (rphebert@my-deja.com), January 12, 2000.



Robert,

Well, they could...
But, the odds...
Naa, your right.
(I hope...)

-- Possible Impact (posim@hotmail.com), January 12, 2000.

It's not the odds, it's the STAKES.

-- (kool@m.an), January 12, 2000.

It's not de odds, it's de Nile.

-- dinosaur (dinosaur@williams-net.com), January 12, 2000.

I think it would be a pretty safe bet to say THAT would make anyone a dipster - I think they should have three kinds of markets:

Bull - Bear - Bungee

-99.85 would definitely be a Bungee market....whooo!

-- Ric (ice163@worldnet.att.net), January 12, 2000.


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