Dow Now Down Over 220 As Europe Explodes (now down over 500)

The Business Insider ^ | 5-6-2010 | Gregory White

[Daveinyork]

How now, down dow?

[edcoil]

Diversity bubble?

[blam]

The DJIA is down 275 as I post this...See here.

[savedbygrace]

Gold is moving up fast, too. $1,195 a minute ago.

[jpl]

I suspect that this is about the only reason that the dollar and our interest rates are remaining as stable as they are; because poor Europe is so much further down the road to ruin and is on fire now.

[pgkdan]

Wish like hell there was something I could do to protect my 401k.

[savedbygrace]

I phrased that too loosely. I meant that gold is moving UP fast while the indexes are moving down at the same time.

[screaminsunshine]

Can the plunge protection team stop the plunge?

[tatsinfla]

i didn’t jump back in when everyone else here at work did...then it went up and i kicked myself somewhat but still feared another drop was coming...is this the beginning of the crash i feared...??...if so i am happy i made the decision i did....

[screaminsunshine]

Cash out quick!

[McGruff]

[NeoCaveman]

Can the plunge protection team stop the plunge?

All the kings horses....

[blam]

Dow Down Over 300, As Greece Just Got VIOLENT!

Joe Weisenthal
May. 6, 2010, 2:23 PM

We'll have full pictures later, but the video out of Greece just got ugly, and we can't help but think that this might have something to do with another big leg down in the Dow, which is now trading off nearly 300.

[snip]

[DTogo]

Hurray! The stock market is in free fall! A crisis!

All the more reason we need Wall St. "reform" and a global monetary system!

/sarc

[clintonh8r]

The EU was a boneheaded idea to begin with. I expect the whole experiment will unravel. And that’s all it is...an experiment in social engineering on a grand scale; a way to marginalize sovereign governments and concentrate power in the hands of a small group of elite proto-bureaucrats.

[meyer]

I would say that Europe is imploding, not exploding.

Regardless, we are not far behind. Get ready.

[sarasota]

Forbes is advising: turn off tv, walk the dog and ride out another one.

[Travis McGee]

The DOW didn't take gold down today. Not yet. But it's been a wild day for gold and the day is not over.

[newfreep]

BO regime moving to take control of 401-K accounts - “that employers cannot be relied upon to adequately manage the 401(k) retirement accounts it provides for their employees, therefore the federal government will relieve them of that responsibility and take sole discretionary control of those funds, thus eliminating the risk of mismanagement.”

http://www.freerepublic.com/focus/f-news/2507828/posts