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Reply #9: What caused that sudden plunge? [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
spinbaby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 02:00 PM
Response to Original message
9. What caused that sudden plunge?
It just suddenly tanked.

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  -Is anybody watching the stock market today? Holy hell... newtothegame  May-06-10 01:50 PM   #0 
  - went down to nearly a 1,000 point drop,  FrenchieCat   May-06-10 01:51 PM   #1 
  - Yeah I got this pit in my stomach like 2 years ago.  Statistical   May-06-10 01:59 PM   #8 
  - Me too - brings back bad memories. nt.  Hosnon   May-06-10 02:07 PM   #16 
  - Big oil spill has everyone with half a brain cell worried methinks  madokie   May-06-10 02:33 PM   #31 
     - Absolutely Madokie! Let's stop this madness and throw corporate thugs in prison for life!!!  AnArmyVeteran   May-06-10 02:57 PM   #35 
     - actually it's more the Greece bailout, the IMF... nt  greencharlie   May-06-10 02:59 PM   #36 
  - Holy crap!  SharonRB   May-06-10 01:52 PM   #2 
  - Loss is now under 500 pts. Let's hope it was a temporary panic and  Ilsa   May-06-10 01:54 PM   #3 
  - Judging by all the duplicate threads, yes. n/t  kirby   May-06-10 01:56 PM   #4 
  - why? as in what happened out there in the world. nt  seabeyond   May-06-10 01:57 PM   #5 
  - Greek Financial Crisis  NeedleCast   May-06-10 02:09 PM   #18 
  - ah, thanks. i thought might be greek, but that started a day or two ago  seabeyond   May-06-10 02:18 PM   #23 
     - You might have had a good day based on our conversation in earlier thread  NeedleCast   May-06-10 02:24 PM   #27 
        - "Meanwhile, interest rates on Treasurys soared as investors sought the safety of U.S. government"  Statistical   May-06-10 02:28 PM   #29 
           - Quoted from Yahoo Article  NeedleCast   May-06-10 02:32 PM   #30 
              - That quotes is correct.  Statistical   May-06-10 02:40 PM   #32 
                 - First Quote was from a previous article which seems to have been pulled  NeedleCast   May-06-10 02:52 PM   #33 
                    - No problem. Just othe rpeople might be confused by the incorrect statement.  Statistical   May-06-10 02:55 PM   #34 
                       - It's back!  vsaxenaster   May-06-10 10:46 PM   #38 
                          - Journalism is dead.  Statistical   May-07-10 09:41 AM   #42 
  - Panic attack over Greece debt  NotThisTime   May-06-10 02:11 PM   #20 
     - appreciate it. nt  seabeyond   May-06-10 02:18 PM   #24 
  - I heard on DU that it'll probably go down to 6,000 soon...  cbdo2007   May-06-10 01:57 PM   #6 
  - Some folks here have been predicting that ever since it got up to 8000.  onenote   May-06-10 02:08 PM   #17 
     - I know....I wanted to be the idiot doing it this time....kinda fun :)  cbdo2007   May-06-10 02:14 PM   #22 
        - Of COURSE. When you have a completely rigged, artificially manipulated Casino, it always comes back  TheWatcher   May-06-10 10:55 PM   #39 
  - Yikes.  gmoney   May-06-10 01:58 PM   #7 
  - What caused that sudden plunge?  spinbaby   May-06-10 02:00 PM   #9 
  - Investigation needed...  kirby   May-06-10 02:03 PM   #12 
  - Program trading.  Statistical   May-06-10 02:04 PM   #13 
  - You saw computers run by the government kick in  taught_me_patience   May-06-10 02:20 PM   #25 
     - Sure. LOL.  Statistical   May-06-10 02:23 PM   #26 
  - There are concerns with EU countries failing, starting with Greece  killbotfactory   May-06-10 02:11 PM   #21 
  - I looked about 10 minutes ago it was over 600 points down  Andy823   May-06-10 02:01 PM   #10 
  - System glitch?  JuniperLea   May-06-10 02:03 PM   #11 
  - They (the investors) do this to themselves  ecstatic   May-06-10 02:06 PM   #14 
  - My financial advicer predicted this about two weeks ago.  azmouse   May-06-10 02:07 PM   #15 
  - Sixteen billion dollars momentarily vanished from the stock market, basically.  complain jane   May-06-10 11:00 PM   #40 
  - Oil is down to $76 & change  pscot   May-06-10 02:10 PM   #19 
  - I missed the plunge. This Greek thing is getting scary  Liberal_in_LA   May-06-10 02:24 PM   #28 
  - UPDATE: Plunge cause by clerical error  librechik   May-06-10 03:19 PM   #37 
  - Guy on Rachel said somebody fat fingered a transaction  Born_A_Truman   May-06-10 11:02 PM   #41 
 

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