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RangerDave
 Post subject: I think Khross did it
PostPosted: Thu May 06, 2010 2:48 pm 
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Megan McArdle wrote:
For those who don't have Bloomberg News on 24/7, the Dow just dropped almost 1000 points, before bouncing back to . . . well, to being down a mere 400 points. What on earth is going on?

Immediate theories:

...Some hedge or bond fund manager is manipulating the market for personal gain. Maybe. But a collapse this broad across multiple asset classes is pretty hard to orchestrate, so not very likely.


Yes, but she doesn't know Khross.
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Vindicarre
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PostPosted: Thu May 06, 2010 2:55 pm 
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Noli me calcare
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The market definitely knows something that she doesn't.

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Khross
PostPosted: Thu May 06, 2010 3:32 pm 
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No, but I think Megan McArdle is an idiot.

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Vindicarre
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PostPosted: Thu May 06, 2010 4:31 pm 
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Khross I know you have homophone issues, but come on, billion and million aren't that similar.

Stock Selloff May Have Been Triggered by a Trader Error

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Micheal
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PostPosted: Thu May 06, 2010 7:06 pm 
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There was one stock that went from $40 to $.01 back to $40, reportedly. Oh to have been a day trader with a couple thousand to speculate with when that happened.

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