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DOW 5/06 tanking...

Discussion in 'Political Discussion' started by DisgruntledTunaFan, May 6, 2010.

  1. DisgruntledTunaFan

    DisgruntledTunaFan Rookie

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  2. Leave No Doubt

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    See what happens by the bell.
  3. Holy Diver

    Holy Diver Rookie

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  4. Leave No Doubt

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    Reaction to what's going on in Europe, specifically Greece. Fox Business: Selling Spree: Dow Dives 900 on Euro Fears - FOXBusiness.com
  5. DisgruntledTunaFan

    DisgruntledTunaFan Rookie

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    Yep - the "Plunge Protection Team" could yet again save the day!
  6. khayos

    khayos Rookie

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    Entitlements destroy countries.
  7. DisgruntledTunaFan

    DisgruntledTunaFan Rookie

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  8. mcgraw_wv

    mcgraw_wv Rookie

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    That has nothing to do with this sell off...

    What we are seeing is the profit taking after the bulk of the public was assured that the economy has stabilized... they took billions of your dollars last year, and then they needed to get one last sell off before the entire house of cards falls.
  9. Leave No Doubt

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    The US is the largest contributor to the IMF, 17.1% I think. Not all countries contribute but of those that do we sit on top of that list.
  10. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    It is now 3:31 PM and it is down 390, wonder why no one posted when it had some of the + 250 days???
  11. khayos

    khayos Rookie

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    Because it only represented 2.5%... at 10% the market shuts down which we almost hit today... and why it's being posted. If you don't see this as big news, you might want to go back for the GED.
  12. Leave No Doubt

    Leave No Doubt PatsFans.com Supporter PatsFans.com Supporter

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    Because it plunged 1000 points in a matter of minutes? It's correcting but I'd call that plunge newsworthy:cool:
  13. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    I was not aware that it almost hit 1000, some of us do not pay that much attention to that type of thing..
  14. khayos

    khayos Rookie

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    Well, you could have googled or hit a news site before questioning the purpose of this thread... as, by its existance, should have tingled "something is wrong"
  15. Leave No Doubt

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    Well you gotta start! Even if you're not in the market what's going on in Greece and Europe is affecting us.
  16. khayos

    khayos Rookie

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    Good news, may have just been human error rather than the markets seizing up!
  17. DisgruntledTunaFan

    DisgruntledTunaFan Rookie

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  18. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Hope'y Change'y
  19. mcgraw_wv

    mcgraw_wv Rookie

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    I don't know how Human Error would account for twice the Volumne than average.

    Actual 404.39M / Average 200.42M
  20. khayos

    khayos Rookie

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    CNBC said (reportedly, I'm looking at articles online) that someone hit billion rather than million which made it epicly worse.

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