On Sun, 09 May 2010 22:48:28 -0400, wrote:

On Sun, 09 May 2010 19:12:47 -0400, bpuharic wrote:



What the hell are you talking about?

you havent been following the market for the last week or 2 have you?
it's been dropping as the greek situation became news...it's BEEN news
for several weeks


The down spike you are talking about lasted about 15 minutes.
There was a correction but that was not a trillion dollars.

http://tpmcafe.talkingpointsmemo.com...ute-trilli.php

The Dow Jones Industrial Average fell almost 1000 points in ten
minutes today, wiping out $1 trillion in equity values as algorithmic
trading by high-speed computers spun out of control.

-----------------

gee. it certainly looks like markets are rational, just like the right
wing preaches, doesn't it??


uh...no. in fact i quite squarely blame it on the right winger phil
gramm and his enron VP wife who engineered a bill to exclude the SEC
from regulating derivatives


Bush, Gramm, Clinton, I guess they are all the same guy in your mind

and the right wing....

never heard of gramm...