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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

click here to read article


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1 posted on 05/06/2010 11:22:26 AM PDT by blam
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To: blam

How now, down dow?


2 posted on 05/06/2010 11:23:18 AM PDT by Daveinyork
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To: blam

Diversity bubble?


3 posted on 05/06/2010 11:23:19 AM PDT by edcoil (If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
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To: blam
The DJIA is down 275 as I post this...See here.


4 posted on 05/06/2010 11:24:07 AM PDT by blam
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To: blam

Gold is moving up fast, too. $1,195 a minute ago.


5 posted on 05/06/2010 11:25:01 AM PDT by savedbygrace (Rev 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord)
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To: blam

I suspect that this is about the only reason that the dollar and our interest rates are remaining as stable as they are; because poor Europe is so much further down the road to ruin and is on fire now.


6 posted on 05/06/2010 11:25:52 AM PDT by jpl (It's "My Big Fat Deadly Greek Riot", coming soon to a bankrupt socialist state near you.)
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To: blam

Wish like hell there was something I could do to protect my 401k.


7 posted on 05/06/2010 11:26:09 AM PDT by pgkdan (I Miss Ronald Reagan!)
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To: savedbygrace

I phrased that too loosely. I meant that gold is moving UP fast while the indexes are moving down at the same time.


8 posted on 05/06/2010 11:26:23 AM PDT by savedbygrace (Rev 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord)
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To: blam

Can the plunge protection team stop the plunge?


9 posted on 05/06/2010 11:26:35 AM PDT by screaminsunshine (S)
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To: blam

i didn’t jump back in when everyone else here at work did...then it went up and i kicked myself somewhat but still feared another drop was coming...is this the beginning of the crash i feared...??...if so i am happy i made the decision i did....


10 posted on 05/06/2010 11:26:53 AM PDT by tatsinfla
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To: pgkdan

Cash out quick!


11 posted on 05/06/2010 11:27:14 AM PDT by screaminsunshine (S)
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To: blam

12 posted on 05/06/2010 11:27:26 AM PDT by McGruff (So how is that Hopey Changey thingy working out for ya America?)
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To: screaminsunshine
Can the plunge protection team stop the plunge?

All the kings horses....

13 posted on 05/06/2010 11:27:41 AM PDT by NeoCaveman (we now live in a post-Obamapacolyptic world)
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To: blam
Dow Down Over 300, As Greece Just Got VIOLENT!

Joe Weisenthal
May. 6, 2010, 2:23 PM

We'll have full pictures later, but the video out of Greece just got ugly, and we can't help but think that this might have something to do with another big leg down in the Dow, which is now trading off nearly 300.

[snip]

14 posted on 05/06/2010 11:29:25 AM PDT by blam
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To: blam
Hurray! The stock market is in free fall! A crisis!

All the more reason we need Wall St. "reform" and a global monetary system!

/sarc

15 posted on 05/06/2010 11:29:48 AM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: jpl

The EU was a boneheaded idea to begin with. I expect the whole experiment will unravel. And that’s all it is...an experiment in social engineering on a grand scale; a way to marginalize sovereign governments and concentrate power in the hands of a small group of elite proto-bureaucrats.


16 posted on 05/06/2010 11:29:58 AM PDT by clintonh8r (Times Square: A law enforcement success made possible by an intellingence failure.)
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To: blam

I would say that Europe is imploding, not exploding.

Regardless, we are not far behind. Get ready.


17 posted on 05/06/2010 11:30:35 AM PDT by meyer
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To: blam

Forbes is advising: turn off tv, walk the dog and ride out another one.


18 posted on 05/06/2010 11:32:53 AM PDT by sarasota
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To: blam; TigerLikesRooster; rabscuttle385; FromLori
The DOW didn't take gold down today. Not yet. But it's been a wild day for gold and the day is not over.


19 posted on 05/06/2010 11:33:58 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: DTogo

BO regime moving to take control of 401-K accounts - “that employers cannot be relied upon to adequately manage the 401(k) retirement accounts it provides for their employees, therefore the federal government will relieve them of that responsibility and take sole discretionary control of those funds, thus eliminating the risk of mismanagement.”

http://www.freerepublic.com/focus/f-news/2507828/posts


20 posted on 05/06/2010 11:35:12 AM PDT by newfreep (Palin/DeMint 2012 - Bolton: Secy of State)
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