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Who could have predicted that such a thing would happen? I thought that Barry caused the rally in the market and that everything was great? Whatever happened to all the libs who were praising the rise in the market?
Fools and thier money. Let's see how low it goes. I am afraid that we are in for a bumpy ride over the next six months, so buckle up. I'll let you know when to get back into the market. Do I think that it will test the lows of last year? Probably not. However, I would not be suprised at all to see a DOW 8500 by year's end. Perhaps when Barry the job killer is out of office, there will be a real, sustained recovery that will occur on Main Street and be reflected on Wall Street.
Barry will make the next Republican president look like a genious, much as Carter did for Reagan.
More knee jerky 101, what a surprise.
What makes you guys more excited? The DOW dropping or a terrorist attack? I'd love to know.
IF this was indeed because of a error by a trader selling off one stock....think how vulnerable this means the stock market is right now.
That really isn't so much about how vulnerable the stock market is, but the algorithms and formulas that are involved in the heavy electronic oriented trading.
What makes you guys more excited? The DOW dropping or a terrorist attack? I'd love to know.
I don't get excited, nor do I "knee jerk". Again, I sold out of the market late last fall, early winter.
Recgonzing the low volumes during the rise and the lack of economic fundamentals to back up such a rise, I sold out then. I will be back in again, but I am patient.
I do not like terrorist attacks or stock market falls (It WILL go back up again). Terrorist attacks are invited by weak security and an inability to profile and target proper suspects, due the hindrances of liberalism. The attacks are simply a symptom of the terrorists recognizing a weak and incompetent government who is unwilling and unable to take measures to stop them. The terrorists love liberals and vice versa. Witness the great sadness and disappointment among liberals who found that the Times Square bomber was a Muslim radical and not a white Tea Party member. Why? The libs hate conservative white males and love terrorists and the concepts of political correctness that advocates self destruction and the inability to deal with an obvious threat.
Stock markets rise and fall- the trick is not to get giddy and fooled when they rise. Unless Barry adopts the concepts of capitalism and reduces taxes on small buisness, I think that we can expect more interesting economic developments, both on Main Street and Wall Street. One does not create jobs through government, nor does employment expand by increasing the tax burden on buisness. Perhaps Bill Ayers forgot to tell Barry that.
The biggest intraday point drop ever in the Dow Jones Industrial Average may have been caused by an erroneous trade entered by a person at a big Wall Street bank, multiple market sources said on Thursday.
Raw efficiency of financial wizards in the private sector.
Don't worry, the free market will sort this one out.
So is the incompetant trader's name Bush, or what's going on here???
Of course,it isn't like the fedgov. EVER lies to the people...
Keep the faith....Rah Rah Rah.
Pretty sure someone selling 10 billion shares instead of 1 million shares because they don't know how to carry zeroes would effect the market pretty badly.
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