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Dow Now Down Over 220 As Europe Explodes (now down over 500)
The Business Insider ^ | 5-6-2010 | Gregory White

Posted on 05/06/2010 11:22:26 AM PDT by blam

Dow Now Down Over 220 As Europe Explodes

Gregory White
May. 6, 2010, 2:09 PM

The Dow is down 2.0% on worries over the European sovereign debt crises as investors move into less risky assets. Gold is up to nearly 1200.

Volatility on the S&P 500 is up as well, over 13.09%:

The center of all this, the euro, down against the dollar over 1.1%:

[snip]

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: bho44; bhodjia; bhoeconomy; contagion; debt; djia; dow; economy; globaleconomy; obama
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To: ChicagoConservative27

692 now. A little rebound.


81 posted on 05/06/2010 11:50:01 AM PDT by b4its2late (It is easier to beg forgiveness than get permission.)
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To: prairiebreeze

Gold is at 1205.00 and it has to stay above 1202. at the close!!!


82 posted on 05/06/2010 11:50:06 AM PDT by onyx (Sarah/Michele 2012)
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To: ChicagoConservative27

How are they going to blame this on Bush?


83 posted on 05/06/2010 11:50:18 AM PDT by ohioWfan (Proud Mom of a Bronze Star recipient!)
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To: kcvl; All

What the hell caused such a drop in just one hour?

That is INSANE?
The bottom just dropped off in ONE HOUR.


84 posted on 05/06/2010 11:50:38 AM PDT by rwfromkansas ("Carve your name on hearts, not marble." - C.H. Spurgeon)
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To: ErnBatavia

987.54


85 posted on 05/06/2010 11:50:54 AM PDT by esquirette ("Our hearts are restless until they find rest in Thee." ~ Augustine)
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To: b4its2late

Plunge protection team buying like crazy after down almost 1000.


86 posted on 05/06/2010 11:51:01 AM PDT by screaminsunshine (S)
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To: NeoCaveman

Those lazy thugs are taking the entire world with them!


87 posted on 05/06/2010 11:51:01 AM PDT by mainsail that
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To: blam

OMG!


88 posted on 05/06/2010 11:51:06 AM PDT by GOPJ ("Draw Mohammad Day" - - May 20, 2010 - Draw for freedom - draw for your children's freedom.)
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To: onyx

I told my Mom to buy Gold but did she listen..NO of course not! She said this is why its so expensive to buy a diamond ring or bracelet right now..Gold is the way to go


89 posted on 05/06/2010 11:51:10 AM PDT by Sarah Barracuda
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To: ohioWfan

Can’t blame Bush.

This is Obama and Greece.


90 posted on 05/06/2010 11:51:17 AM PDT by onyx (Sarah/Michele 2012)
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To: b4its2late

Why does that not make me feel better?


91 posted on 05/06/2010 11:51:29 AM PDT by ohioWfan (Proud Mom of a Bronze Star recipient!)
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To: Liberty Valance
10k has been a line in the sand...that has been hopped over and back for long time.....................

Wow

92 posted on 05/06/2010 11:51:30 AM PDT by Osage Orange (Si vis pacem, para bellum)
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To: blam

Wonder how much Soros will make this time.

Cindie


93 posted on 05/06/2010 11:51:41 AM PDT by gardencatz (Proud mom US Marine! It can't always be someone else's son.)
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To: rwfromkansas

The manipulators ran out of cash and could not turn the sell off.


94 posted on 05/06/2010 11:51:50 AM PDT by mad_as_he$$ (If you can read this you are the resistance.)
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To: Sarah Barracuda

You betcha. Always hold gold.


95 posted on 05/06/2010 11:51:54 AM PDT by onyx (Sarah/Michele 2012)
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To: rwfromkansas

Sellers but no buyers except plunge protection team.


96 posted on 05/06/2010 11:52:00 AM PDT by screaminsunshine (S)
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To: onyx

Well, I know they CAN’T, but I’m sure they’ll TRY.


97 posted on 05/06/2010 11:52:07 AM PDT by ohioWfan (Proud Mom of a Bronze Star recipient!)
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To: NeoCaveman

People short selling?


98 posted on 05/06/2010 11:52:16 AM PDT by ChicagoConservative27
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To: ohioWfan

I hear ya. But I got out on Tuesday.


99 posted on 05/06/2010 11:52:29 AM PDT by b4its2late (It is easier to beg forgiveness than get permission.)
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To: ChicagoConservative27

Why is it coming back? Soros buying stock?


100 posted on 05/06/2010 11:52:43 AM PDT by Free America52 (The White guys are getting pissed off. We beat Hitler Hirohito and Krushchev. Obama will be easy.)
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