CNN: Dow DOWN 1000 points

[Contumacious]

Dow falls almost 1000, recovers 600

.

 

[CrusaderFrank]

Asia and the Euro are melting down as well

Maybe electing a Marxist wasn't the best idea we ever had?

 

[Care4all]

everyone knows gasoline is going to sky rocket, already has up here from this stupid oil gusher....

this will hold us down, keep us in a recession if oil/gas prices go through the roof.... who really knows why this catastrophe should affect the prices RIGHT NOW but of course, somehow, they find a way to hit us with them....now, instead of later, when the loss of this new found oil would have really hit us....

 

[KissMy]

Yahoo shows DOW plunged from 10875.53 down to 9872.57 That is a 1003 point drop!!!

 

[rightwinger]

Buy....Buy.....Buy!

 

[Gatekeeper]

Yahoo shows DOW plunged from 10875.53 down to 9872.57 That is a 1003 point drop!!!

Thanks to the administration of Change, since, at this rate, that may be all we have left.

Of course, in my humble opinion, the DOW is an over inflated balloon anyway, the result of many inveiglers who are out to make a few quick bucks anyway they can, as they have done over the decades.

 

[KissMy]

Buy....Buy.....Buy!

I did. I sold stocks & bought gold on Monday.

 

[Old Rocks]

At present down less than 500. Not good, but indictutive of the continued fragility of the global economy.

 

[rightwinger]

Buy....Buy.....Buy!

I did. I sold stocks & bought gold on Monday.

Good move....buy US Dollars while they are hot

 

[KissMy]

Buy....Buy.....Buy!

I did. I sold stocks & bought gold on Monday.

Good move....buy US Dollars while they are hot

CNBC reporting a synthetic trading technical glitch. Time to buy stocks. Exxon hit $60 today. Low P/E ratio.

 

[Contumacious]

Buy....Buy.....Buy!

good advice.

.

 

[KissMy]

Just picked up 300 shares of Transocean Ltd. (RIG) $68.67 P/E Ratio of 6 Yahoo!!!

 

[WillowTree]

Threads merged.

URGENT: Dow down nearly 1,000 points at one point, as world reacts to crisis in Greece — where protesters object to severe budget cuts aimed at securing European bailout



FOXNews.com - Greek Lawmakers Approve Bailout Bill, Dow Plunges

 

[rightwinger]

Willow...

Aren't there three other threads on this right now??

 

[KissMy]

CNBC reporting info from multiple sources that Citi Group synthetic trading glitch caused the crash.

 

[Dr Gregg]

All because of news from Greece. The stock market is so fucking stupid.


But in an article I found a funny name for an investment broker "Jake Dollarhide"

Can't make that up folks

http://www.nytimes.com/2010/05/07/business/07markets.html?hp

 

[WillowTree]

Willow...

Aren't there three other threads on this right now??

shoot me.

 

[Vast LWC]

All because of news from Greece. The stock market is so fucking stupid.


But in an article I found a funny name for an investment broker "Jake Dollarhide"

Can't make that up folks

Exactly.

People who don't understand the market, (Yeah I'm talking to you Frank) shouldn't make stupid-assed assumptions about market drops, like in the second post on this thread.

 

[KissMy]

CNBC reporting info from multiple sources that Citi Group synthetic trading glitch caused the crash.

Now CNBC is retracting Citi Trading glitch problem after the market closed. NYSE slowed down trading is why market climbed back. This sucks. Market may drop more tomorrow. If I loose I should sue MSNBC for lying to protect their owners.

 

[DavidS]

I picked up 200 of P&G @ $42 and sold them @$60. Made a nice $3200 today!