Bitcoin Forum
June 22, 2024, 04:55:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4  All
  Print  
Author Topic: Stocks Just Suffered Their Worst Loss in Months  (Read 832 times)
zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 11:43:16 AM
Last edit: October 19, 2018, 09:04:17 AM by zugvogel21
 #1

U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop.



U.S. stocks dropped sharply on Wednesday as a massive selloff in the biggest tech stocks has driven markets this year.

The Dow plunged 831 points, losing 3.15 percent of its value. It was the second-biggest drop of the year for the Dow, which on Feb. 5 lost over 1,100 points in a single trading session.

A particularly sharp decline was observed in the high-tech sector:

Amazon’s paper fell by 6.2%
Apple — by 4.63%
Netflix — by 8.4%
Facebook — by 4.1%
Alphabet — by 4.6%
Microsoft-by 5.4%.

Brad McMillan, chief investment officer at Commonwealth Financial Network, characterized the market’s decline as “normal volatility” and said stocks were “past due for a pullback.”

What caused the fall?



Nervousness had been building for days on Wall Street and here are some facts which caused the panic:

----US markets have a trade war edge over China, which is compounded by Hacked Supermicro Hardware Scandal — A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company.

----The Impact of a FED Interest Rate Hike — The Fed has raised interest rates three times this year and is largely expected to hike once more before year-end.

----China holds $1.17 trillion of U.S. government debt- As the United States and China inch closer to a full-fledged trade war, economists and investors worry about worst-case scenarios that could impact the global economy — and America.

“We don’t know who is to blame here; it’s a little like trying to find what or who is responsible for the dangerous hurricane in Florida today,” says Chris Rupkey, chief financial economist at MUFG, Tokyo-based global bank with offices in New York. “But make no mistake about it, the stock market decline, triggered perhaps by rising bond yields, is just as dangerous.”


HyperQuant vision


1. A sea of red washed over not only Wall Street but Cryptocurrency market


No news.. no FUD... but the entire market just literally goes down 5–15% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question.

Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.

Hyperquant experts think that the US stock market and Crypto market are correlated.

Interest for cryptocurrencies is decreasing. Just look google trends. Lots of good news and stuff that should’ve pumped interest for cryptos in the last 6 months, yet it didn’t move it a bit. Right now there are no much crypto-trends and ideas that many people believe in. The market is open to entirely new ideas and all blockchain enthusiasts are waiting for a innovative growth boom, said Pavel Pavchenko, CEO of HyperQuant project.
We need to be realistic and be aware that most of the money in crypto is people’s “play money” and they will need it back if we get another recession/depression, that caused major recent crypto decline.


2. Trump calls stock sell-off ‘a correction… maybe he is right.



In order to make a rational decision, we have to look at the behavior of the stock market today during first buys. If the market face buys backs there is a chance that we will avoid further decline. If not, we may expect the long-term fall.

“Actually, it’s a correction that we’ve been waiting for a long time” Trump told reporters before a political rally in Pennsylvania.

3. Fed has gone crazy



Stock market sell-off won’t stop the Fed from hiking rates. Many people say that Fed purposely increased the rates in order to affect the market situation, but in reality, when the Fed raises interest rates, it is trying to increase borrowing costs for businesses and consumers to help keep the economy from overheating.

After some time, Fed will evaluate how their decisions have affected the market and the economy in general.

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
stompix
Legendary
*
Offline Offline

Activity: 2926
Merit: 6411


Blackjack.fun


View Profile
October 12, 2018, 12:04:37 PM
 #2

Whenever you tell people that bitcoin has dropped 14 000$ they immediately grab a 5-year graph and ask "what drop ?"

Playing the devil's advocate right now...



What drop?

Also...
Quote
No news.. no FUD... but the entire market just literally goes down 10–20% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.

There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.



.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 12:35:19 PM
 #3

Whenever you tell people that bitcoin has dropped 14 000$ they immediately grab a 5-year graph and ask "what drop ?"

Playing the devil's advocate right now...



What drop?

Also...
Quote
No news.. no FUD... but the entire market just literally goes down 10–20% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.

There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.




If I change it to "from 5%"  will it make you happy?  Wink

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
davis196
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 918



View Profile
October 12, 2018, 12:49:13 PM
 #4

The stock market is full of hype and bubbles.It's normal to have some form of price correction.
Trump isn't guilty for everything.I feel that some liberals are going to blame Trump for the Holocaust or the hurricane "Michael".
The correlation between stocks and crypto is very questionable.I think that the panic sellers are selling both their stocks and their crypto.

baienpee
Newbie
*
Offline Offline

Activity: 105
Merit: 0


View Profile
October 12, 2018, 01:01:21 PM
 #5

This is a very good news. I think that the US stock market may continue to decline in the future, which is very beneficial to the development of cryptocurrency.
LogitechMouse
Legendary
*
Offline Offline

Activity: 2478
Merit: 1038


casinosblockchain.io


View Profile WWW
October 12, 2018, 01:21:14 PM
 #6

I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalk.org/index.php?topic=5049048.0

Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?

zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 01:31:56 PM
 #7

I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalk.org/index.php?topic=5049048.0

Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?

I guess it was one of my fan - my blog is here - https://medium.com/hyperquant

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 01:32:26 PM
 #8

I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalk.org/index.php?topic=5049048.0

Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?

AND this is the original one - https://medium.com/hyperquant/stocks-just-suffered-their-worst-loss-in-months-aa3fe5cf0b3f

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
LogitechMouse
Legendary
*
Offline Offline

Activity: 2478
Merit: 1038


casinosblockchain.io


View Profile WWW
October 12, 2018, 01:38:24 PM
 #9

I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalk.org/index.php?topic=5049048.0

Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?

I guess it was one of my fan - my blog is here - https://medium.com/hyperquant
So my report is correct then Smiley. I reported that newbie for copy pasting your blog. I think that newbie will be banned in the next days.

qiman
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 504



View Profile WWW
October 12, 2018, 01:53:31 PM
 #10

This was a terrible blow to many stock holders yesterday and this ripple effect also came into the crypto markets as well as we saw Bitcoin and Eth prices plunge again, taking away all the Bullish sentiment we had been building up over the last few weeks. I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.


▄▄▄███████▄▄▄
▄▄█████▀▀''`▀▀█████▄▄
▄███P'            `YY██▄
▄██P'                  `Y██▄
███'                      `███
███'                         ███
▄██'   ▄█████▄▄  ,▄▄▄▄▄▄▄▄▄▄p   ███
▄██▀  ,████▀P▀███.`██████████P   ▀██▄
███[ ,████ __. ███.   ,▄████▀    ███
███[ ]████████████[  ▄████▀       ███
███[ `████   ,oo2 ▄████▀'       ,███
▀██▄  `████▄▄█████d███████████   ▄██▀
▀██.   `▀▀▀▀▀▀"  Y▀▀▀▀▀▀▀▀▀▀▀  ,██▀
███.                        ,███
▀██▄                      ▄██▀
▀███▄_                 ,███▀
▀███▄▄_          _▄▄███▀
▀▀████▄▄ooo▄▄█████▀
▀▀███████▀▀'

365

TM

EZ365 is a digital ecosystem that combines
the best aspects of online gaming, cryptocurrency
trading
and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

..WHITEPAPER..    ..INVESTOR PITCH..

.Telegram     Twitter   Facebook

                       .'M████▀▀██  ██
                      W█Ws'V██  ██▄▄███▀▀█
                     i█████m.~M████▀▀██  ███
                     d███████Ws'V██  ██████
                     ****M██████m.~███f~~__mW█
          ██▀▀▀████████=  Y██▀▀██W ,gm███████
      g█████▄▄▄██   █A~`_WW Y█  ██!,████████
   g▀▀▀███   ████▀▀`_m████i!████P W███  ██
 _███▄▄▄██▀▀▀███Af`_m███   █W ███A ]███  ██
__ ~~~▀▀▀▀▄▄▄█*f_m██████   ██i!██!i███████
Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████
 8█  █▀▀█████.!██   ██████████i! █████
 '█  █  █   █W M█▄▄▄██████   ██ !██
  !███▄▄█   ██i'██████████   ██
   Y███████████.]██████████████
   █   ███████b ███   ██████
   Y   █   █▀▀█i!██   ████
    V███   █  █W Y█████
      ~~▀███▄▄▄█['███
            ~~*██

Play

            │
    │      ███
    │      ███
    │      ███
    │   │  ███
   ███  │  ███
   ███ ███ ███
 │  ███ ███ ███
███ ███ ███ ███
███ ███  │   │
███ ███  │   │
 │   │
 │

Trade

           __▄▄████▄▄
     __▄▄███████████████▄▄▄
 _▄▄█████████▀▀~`,▄████████████▄▄▄
 ~▀▀████▀▀~`,_▄▄███████████████▀▀▀
   d█~  =▀███████████████▀▀
   ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄
  ,W█. *████▄▄__ '  __▄▄█████
  !██P  █████████████████████
   W█. - ██████████████████▀
  i██[   ~ ▀▀█████████▀▀▀
 g███!
Y███

Learn
RodeoX
Legendary
*
Offline Offline

Activity: 3066
Merit: 1147


The revolution will be monetized!


View Profile
October 12, 2018, 01:56:00 PM
 #11

Stocks were way overvalued. It is no secret on WS. As far as what Trump thinks... What difference does that make? He is an idiot who knows nothing about economics whatsoever. You might as well as your family pet.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 01:59:42 PM
 #12

I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalk.org/index.php?topic=5049048.0

Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?

I guess it was one of my fan - my blog is here - https://medium.com/hyperquant
So my report is correct then Smiley. I reported that newbie for copy pasting your blog. I think that newbie will be banned in the next days.

Dont be so harsh, he just shared it Smiley

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
zugvogel21 (OP)
Hero Member
*****
Offline Offline

Activity: 995
Merit: 500



View Profile WWW
October 12, 2018, 02:22:18 PM
 #13

This was a terrible blow to many stock holders yesterday and this ripple effect also came into the crypto markets as well as we saw Bitcoin and Eth prices plunge again, taking away all the Bullish sentiment we had been building up over the last few weeks. I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.

Some say it was like domino effect, but i am sure it is correlated.
Quote
I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.

Trade responsibly, Mkay

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
engrawaz
Newbie
*
Offline Offline

Activity: 153
Merit: 0


View Profile
October 12, 2018, 02:56:54 PM
 #14

https://i.imgur.com/rKZX1vf.png

The picture above shows the Buffet Indicator. It is simply the ratio of publicly-traded U.S. stocks to U.S. GDP.

https://www.investopedia.com/news/buffett-indicator-spells-bad-news-stock-investors/

Mike Maloney did explain it in this video which is quite concerning.

https://www.youtube.com/watch?v=jB6iAWQPa2k
magneto
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 753


View Profile
October 12, 2018, 11:33:17 PM
 #15

Not just U.S. stocks either, there have been crashes internationally across the board with pretty much every global share index having falls in one way or another.

I was actually quite intrigued at the fact that bitcoin also fell because I always thought that bitcoin would be relatively unaffected or even be inversely affected by a stock market crash like this. Perhaps it was emotions playing with traders who both owned bitcoin and stocks, leading to them panic dumping. Who knows. It wasn't that big of a dump anyhow.

Anyways, we'll see whether this turns into real bear market within stocks, or was just a short term correction. But these tech stocks from what I've heard are overbought as hell.
Ethigokath
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 14, 2018, 07:02:22 PM
 #16

These could indirectly benefit the cryptocurrency market. As the fall of shares might improve the investmets in cryptocurrency.
Wigowien
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 14, 2018, 07:05:04 PM
 #17

This kind of decline may happen sometime in the stock market. If it keeps declining may be it will be a good news for cryptocurrencies.
Onardonwan
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 14, 2018, 07:07:26 PM
 #18

A trade war of any magnitude between USA-China will just simply shatter any market and leave a lot of people with nothing. Thus the investment will hit rock bottom, and although I think a trade war directly doen't influence the crypto market, it will affect this way.
Haethiel
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
October 14, 2018, 07:10:55 PM
 #19

This incident is not a good sign for the stock market. But let's be honest, if it helps crypto market why shouldn't we be happy about that?
Semosuchi Tesongrato
Member
**
Offline Offline

Activity: 546
Merit: 33

Rasputin Party Mansion


View Profile
October 14, 2018, 08:09:36 PM
 #20

It is clear that the global market movement is so big that the crypto one is ridiculous.
However, even if the bitcoin has been dragged down, it may be that this shock is positive and leads investors to head for the crypto. Let's see.

●  ROC2  ●   We have successfully delivered STAGE 1   ● ━━━━━━━━━━ ━━━━━━━ ━━━━ ━━ ━
━ ━━ ━━━━ ━━━━━━  We now invite you to become part of PHASE2 expansion In Partnership With REDTUBE
● Telegram    ● Twitter    ● Facebook    ● Medium    [  ICO is L I V E !  ]   ━━━━━━ ━━━━ ━━ ━
Pages: [1] 2 3 4  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!