i_am_the_swammi Posted May 6, 2010 Share Posted May 6, 2010 Dow down 600 points in two days. Down 380+ today. largest one-day drop in...well....I can't remember, but not since the days of late 2008, I would guess. panic setting in, and we'll be below 10K again very shortly....very little reistance to the downside. thoughts? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 European socialism rocks. I can't wait until we get it over here. Quote Link to comment Share on other sites More sharing options...
JoJoTheWebToedBoy Posted May 6, 2010 Share Posted May 6, 2010 Time to start looking for bargains...... There will be some solid stocks that get caught up in this mini-panic that are going to be great pickups.... Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted May 6, 2010 Author Share Posted May 6, 2010 European socialism rocks. I can't wait until we get it over here. Nice reply. taking an afternoon break from hanging your new confederate flag? Quote Link to comment Share on other sites More sharing options...
buddahj Posted May 6, 2010 Share Posted May 6, 2010 Nice reply. taking an afternoon break from hanging your new confederate flag? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 Nice reply. taking an afternoon break from hanging your new confederate flag? Not even remotely on topic. My reply was. BTW, you own two times as many confederate flags than I do. Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted May 6, 2010 Share Posted May 6, 2010 European socialism rocks. I can't wait until we get it over here. Canada sure seems stable and prosperous. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 Canada sure seems stable and prosperous. You want to rely on their armed forces? Quote Link to comment Share on other sites More sharing options...
muck Posted May 6, 2010 Share Posted May 6, 2010 (edited) Story being reported at Bloomberg Radio is that ... MAYBE ... there was a "three digit error" ... and that someone was supposed to do a $16 million trade did a $16 billion trade ... And that someone MAY have been a trader at Citibank. Edited May 6, 2010 by muck Quote Link to comment Share on other sites More sharing options...
bushwacked Posted May 6, 2010 Share Posted May 6, 2010 Nice reply. taking an afternoon break from hanging your new confederate flag? Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted May 6, 2010 Share Posted May 6, 2010 You want to rely on their armed forces? So THAT is why we are bankrupt? The Armed forces? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 Story being reported at Bloomberg Radio is that ... MAYBE ... there was a "three digit error" ... and that someone was supposed to do a $16 million trade did a $16 billion trade ... And that someone MAY have been a trader at Citibank. I find Europe in flames being a more likely story. If it was a mistake, then wow, or in the words of our ever diplomatic VP "that's a big f'n deal." Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 So THAT is why we are bankrupt? The Armed forces? One of the reasons, but far from the only one. We have too many bums sucking of the government teat too. Quote Link to comment Share on other sites More sharing options...
TimC Posted May 6, 2010 Share Posted May 6, 2010 Canada sure seems stable and prosperous. You want to rely on their armed forces? Why we don't send them a bill for the trillion dollars they don't have to spend on their own protection is beyond me. Canada is queen of the moochers and then try and rub our noses in the fact they are somehow better while living off our sacrifices. Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted May 6, 2010 Share Posted May 6, 2010 One of the reasons, but far from the only one. We have too many bums sucking of the government teat too. But doesnt canada have a lot of bums sucking off the public teat? I mean . . they have socialised health care right? Quote Link to comment Share on other sites More sharing options...
Brentastic Posted May 6, 2010 Share Posted May 6, 2010 Dow down 600 points in two days. Down 380+ today. largest one-day drop in...well....I can't remember, but not since the days of late 2008, I would guess. panic setting in, and we'll be below 10K again very shortly....very little reistance to the downside. thoughts? We've been discussing this in the 'cash' thread/poll. At it's worst, the DOW was down 992 points today and if you've been following any of my predictions, this is just the beginning. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 But doesnt canada have a lot of bums sucking off the public teat? I mean . . they have socialised health care right? How many Americans do they have in their country illegally leaching of their social services? Seriously dude, I know you are trying to be funny, but that is just stupid. Quote Link to comment Share on other sites More sharing options...
CaP'N GRuNGe Posted May 6, 2010 Share Posted May 6, 2010 Story being reported at Bloomberg Radio is that ... MAYBE ... there was a "three digit error" ... and that someone was supposed to do a $16 million trade did a $16 billion trade ... And that someone MAY have been a trader at Citibank. Was this involving P&G? I heard it was down 50% in 5 minutes and no one could figure out why. Then it later recovered and of course the DOW with it... Quote Link to comment Share on other sites More sharing options...
TimC Posted May 6, 2010 Share Posted May 6, 2010 Story being reported at Bloomberg Radio is that ... MAYBE ... there was a "three digit error" ... and that someone was supposed to do a $16 million trade did a $16 billion trade ... And that someone MAY have been a trader at Citibank. And who says a handful of companies don't control the entire market? Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted May 6, 2010 Share Posted May 6, 2010 (edited) accenture traded .01 trading was insane Edited May 6, 2010 by dmarc117 Quote Link to comment Share on other sites More sharing options...
Savage Beatings Posted May 6, 2010 Share Posted May 6, 2010 Obama will fix this. He's got this ultimate set of tools. He can fix this. Quote Link to comment Share on other sites More sharing options...
Brentastic Posted May 6, 2010 Share Posted May 6, 2010 Story being reported at Bloomberg Radio is that ... MAYBE ... there was a "three digit error" ... and that someone was supposed to do a $16 million trade did a $16 billion trade ... And that someone MAY have been a trader at Citibank. I think this has been confirmed now. I wonder how fast that guy's heart was beating when he realized his error? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted May 6, 2010 Share Posted May 6, 2010 I think this has been confirmed now. I wonder how fast that guy's heart was beating when he realized his error? I'm wondering if the guy's heart is still beating. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted May 6, 2010 Share Posted May 6, 2010 I think this has been confirmed now. I wonder how fast that guy's heart was beating when he realized his error? citi still denying it. Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted May 6, 2010 Share Posted May 6, 2010 Have to wonder, how much was made by big firms in flash-trading today? Quote Link to comment Share on other sites More sharing options...
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