South Korea Stock Market Plunges Into Bear Market After "Mad Bull" Rally: 2.3 Trillion Won Positions Forcibly Liquidated, President Steps In for Emergency Intervention

274 points by Fit-Translator-9798 5 hours ago on reddit | 10 comments

It's back to where it was 3 months ago. When shares spike up violently they also tend to tank violently. As long as you weren't buying at the absolute peak you'd be fine.

donna_darko | 18 minutes ago

The difference is that South Korean investors (aka gamblers) are leveraged to the tit.

Drak_is_Right | 15 minutes ago

Will see if the Korean market suffers from Dutch disease innthe long run. Export Profits are being driven by 2 firms alone. And even in those 2 firms only 1 division really.