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To: GalaxieFiveHundred; Dog Gone; Junior_G

Just watching Foxnews Special Report and there was mention of some software problems with a program that is involved with a running calculation of the Dow Jones avg.....


39 posted on 02/27/2007 3:10:49 PM PST by Ernest_at_the_Beach (The DemonicRATS believe ....that the best decisions are always made after the fact.)
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To: Ernest_at_the_Beach

Man, they had better fix that. If that's true, that's a mega-billion dollar glitch, and it will shake the foundations of financial institutions who rely on accurate information.

When you're in your 20s, who cares what the market is doing? You've got little money in it anyway, and every drop in the market is an advantage in dollar cost averaging.

When you're in your 50s, thirty years later, you're talking some serious bucks. Market swings can determine your retirement lifestyle. You can't afford for a "glitch" to move you from a nice home into a small apartment in the bad part of town.

When you're post 60, you're probably moving from equities to fixed return investments with less risk. But any "glitch" that adds uncertainty to the market is not helpful to anyone.


47 posted on 02/27/2007 3:32:31 PM PST by Dog Gone
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