Posted on 05/07/2010 6:05:18 AM PDT by blam
I’m betting it was the work of the same entity that caused the billion-dollar electronic draw-down back on September 18 of ‘08. I’m thinking Soros, for one. And no, there will be no investigation by the Feds because Obama is Soros’ puppet and friend. We are being led to the slaughter, folks.
http://zerohedge.blogspot.com/2009/02/how-world-almost-came-to-end-at-2pm-on.html
Agree. My ScotTrade account provides a confirmation page before posting a transaction of 100 shares. Do these professional system lack something so fundamental that a typing boo boo could blow away the whole system?! Seems unlikely.
I completely agree with you.
As a professional, I get confirmation screens too, but there is also a “mandated” oversight. The firm has layers of oversight, because if something like this happens, there are enormous fines levied by the SEC and the folks at FINRA. Unfortunately, most folks don’t know enough about this stuff, and are more interested in what is going on with American Idol. Talk about Sheeple...
The best explanation we get from the media is
“woops, my bad”.
Yeah right.
Kinda like the woops in September 08.
Yesterday was a precious gift - a clear signal to every long equity holder who has made money on the fake run up from S&P 666 that the markets have devolved into a fraudulent casino. If wise investors don't immediately dump every long equity position they have, they deserve what is coming to them over the next few weeks and months.
Any volunteers?
bumpp
One name. George Soros.
Does a wise investor ever “dump immediately” everything they own? So, regardless of valuation, tax consequence, time frame, financial goals...
If that logic prevails, then the same person yesterday, or the day before, or today, should immediately sell their house, and cars before the sun goes down tonight.
Ok, then do what with the money, that is worthless paper?
Come on...
Lots of gold still being mined near Battle Mountain, Nevada.
Newmont mining & Barrick Gold....
One name. George Soros.”
Only person with enough money to do this.
Only person who hates America enough to do this.
Only person who gains enough out of doing this.
Only person who can totally pull NObama’s puppet strings.
Personally, I will NEVER eat at Dinosaur BBQ again now that I know SOROS owns it. Besides my home cooked BBQ is MUCH better and less greasy!!
Two words - George Soros.
Someone did.....
He needs to go down.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.