Posted on 05/06/2010 4:23:24 PM PDT by blam
Oh yes,, and pay no attention to the man behind the curtain....Toto,,,, we are NOT in Kansas anymore!!!!!!!
>>According to Fox News the deep drop was caused by a wrong number being entered in a computer.<<
Yeah, I heard that earlier today. Frankly, it is actually possible, but unlikely. Also, if you cut the downward spike out of the graph for the day, it still ends down at a level that follows the days trend before the spike.
Tomorrow will be interesting. :)
I would guess, that alot of people would go Greek if that information was published.
I met a money man moments ago who was present and active during the event.
A large sell order was placed for PG and other stocks and within seconds all the available buy orders were filled. With no buy orders, the prices dropped to 0. He said that Sam Adams Beer stock was literally 0 for a while.
I smell a rat, or two, or three ...
Soros?
Strong?
Goldman Sachs???
Umm, by the way,, looking for some ocean front property in Nebraska?? I have some to sell :-)
The Plunge Protection team is real. They buy on large drops. How about IMF bailing out the Greek Socialists. Is that where you want your hard earned taxes spent.
Hmmm..., it sounds like the U.S. Government stands to make quite a bit of money on their buy ... LOL ...
I mean, if they bought that low and it comes back up again, because of their buy ... it’s like making free money ... :-)
Just curious....what was the position of Soros and that fellow Jimmy in Shanghai?
Reagan started the plunge protection program.
Our quota responsibility in the IMF is around 17%.
Yep our taxes going to pay for fat lazy 45 year old retired Greek government ee’s to sit on a beach and sip OUZO! That Sucks!
you don’t think the free markets actually determine anything do you?
You may be right (sounds like something they would do). I just don’t know anything about it. Seems like market fraud to me...
I think they are feeding the computer glitch story to avoid further panic tomorrow. I think the drop is a reaction to what is happening in Greece.
Congress can stop it but I doubt there are more than a handfull in the bunch who will have the stones.
I agree. Plus their story allows for the idea of more regulation of trading.
Next market support test is down around 9,000.
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