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To: Recovering_Democrat

MARKET VIOLENCE!

Dow Plunges Over 900 But Then Pares Losses...

http://drudgereport.com/

159 posted on 05/06/2010 12:10:04 PM PDT by kcvl

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To: kcvl

PPT

163 posted on 05/06/2010 12:11:08 PM PDT by screaminsunshine (S)

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To: kcvl

Something strange happened all in about 15 minutes. It looks like possibly one or more market maker firms didn’t do their jobs properly and withdrew their bids completely in some stocks while other firms dropped their bids down way low, which caused some trades to execute at extremely low prices for a few minutes. That knocked the DJIA down by 800 or more points (approximately) for a few minutes. This needs to be investigated by the SEC for sure. I’m not sure what happened, but one possibility is a breakdown in the functioning of market maker firms.

178 posted on 05/06/2010 12:14:17 PM PDT by your local physicist (Don't blame me. I wasn't fooled by anyone. I crossed my fingers and voted for McCain.)

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To: kcvl; All

Dow Plunges Over 900 But Then Pares Losses...

LAMESTREAM MEDIA will praise Hussein's policies for the "RECOVERY"!

298 posted on 05/06/2010 4:34:49 PM PDT by Recovering_Democrat

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