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This is crazy-DOW down over 900!!!

This is a discussion on This is crazy-DOW down over 900!!! within the Open Talk forums, part of the General Information category; oH NOW DOWN 655! IT is collapsing all over the place- all because of greece and some other piddle!...

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Thumbs down This is crazy-DOW down over 900!!! - 05-06-2010, 01:50 PM


oH NOW DOWN 655!
IT is collapsing all over the place- all because of greece and some other piddle!

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05-06-2010, 03:31 PM


its not piddle, its PIIG's
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05-06-2010, 03:58 PM


I meant that what is going on is worth about as much as a warm bucket of piddle in the long term, yeah they are having some problems with a few countries in the Euro acting stupid and now having to pay the piper but the market reacted like the sky was falling-and it did on the DOW at one point-if you look at todays trading range the market had as much as a
Markets Data Center Home - Market Data, Indexes, Stock Quotes & More - WSJ.com
1000 pt range Day's Range: 9,872.57 - 10,879.76

Its coming out now that some fool on the trading floor had a sell order for P+g and put in a sell for Billions of shares instead of Millions which caused all hell to break loose-if there system doesn't require a person to hit a confirm or the trader is that stupid they should be fined by the SEC! Trading Error at Major Firm Blamed For Selloff - Yahoo! Finance

One idiots move may have cost the US economy BILLIONS in lost value- hopefully cooler heads will prevail in the aftermarkets and on the open tomorrow and settle this crap down.

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05-06-2010, 04:13 PM


Don't think that guy is gonna hold his job for long.

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05-06-2010, 04:19 PM


Here is another one that went nuts
Accenture: Went to a Penny at 2:48 p.m. - MarketBeat - WSJ
Stock went from $40 in value to $.01 in 1 minute!
Really they need to check these computer trading programs!
Accenture plc. Class A Ordinary Share Price Chart | ACN - Yahoo! Finance
notice days range!

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05-06-2010, 04:25 PM


Behold: The 'Flash Crash'! - MarketBeat - WSJ
WSJ staff having some fun- you can add comments- I put in "blip in the pacemaker"

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