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Dow Now Off Over 200 As European Bank Fears Reignite
The Business Insider ^ | 5-7-2010 | Joe Weisenthal

Posted on 05/07/2010 7:38:16 AM PDT by blam

Dow Now Off Over 200 As European Bank Fears Reignite

Joe Weisenthal
May. 7, 2010, 10:28 AM

It's starting over.

The NASDAQ is what's really getting crushed, down over 3%.

The Dow is moving around, but down over 211.

Euro stock markets (and the currency) are getting really hammered. The DAX is off over 3%.

More to come...

[snip]

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: djia; dow; greece; stocks
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1 posted on 05/07/2010 7:38:16 AM PDT by blam
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To: blam

Another “computer glitch”?


2 posted on 05/07/2010 7:40:37 AM PDT by tobyhill
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To: blam
Don't worry Obama will just have them erase all the trades like they are saying they are going to do with the ones from yesterday. Nothing that questions the will of Obama will be allowed to stand.
3 posted on 05/07/2010 7:40:43 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: blam

Quick call the Plunge Protection Team!!!


4 posted on 05/07/2010 7:41:02 AM PDT by screaminsunshine (S)
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To: blam
Click here to see the DJIA daily tracking chart.
(Down 148 as I post)
5 posted on 05/07/2010 7:41:30 AM PDT by blam
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To: blam

Guess the Dow wasn’t fooled by the cooked employment numbers released this morning....hundreds of thousands of new jobs, and unemployment goes UP to 9.9%.
I’m sure the Labor Dept. can ‘find’ jobs to boost Dems in Nov. just as ACORN could always find votes for them in the general elections.


6 posted on 05/07/2010 7:42:53 AM PDT by kittymyrib
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To: blam
Quick, make sure nobody over 400 pounds makes any trades today.

Don't want any fat fingers involved./sarc

7 posted on 05/07/2010 7:43:13 AM PDT by C210N (0bama, Making the world safe for Marxism)
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To: blam

I wonder if this is a message from Goldman sacs, showing what they can do so Obamalamadingdong better back the f^(@! off


8 posted on 05/07/2010 7:43:41 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: tobyhill

Looks like Soros et. al are pumping it again. It could be another wild ride today.


9 posted on 05/07/2010 7:43:45 AM PDT by diplomatic_immunity
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To: blam
US STOCKS SNAPSHOT-Wall St Falls 2% In Skittish Trade
10 posted on 05/07/2010 7:44:16 AM PDT by blam
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To: tobyhill
Another “computer glitch”?

Why not? Nobody seems to fully understand what caused it, and they opened the markets anyway. How about the same thing happening a couple of times today? Or, ten times yesterday's drop. LOL!
11 posted on 05/07/2010 7:44:16 AM PDT by ZX12R
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To: blam

More drama being stirred to round the sheep up into a state of fear.

We must hand our money over to the bankers and the politicians “or else”.


12 posted on 05/07/2010 7:45:02 AM PDT by Tempest (I believe in the sanctity of life... As long as you can afford it.)
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To: screaminsunshine

When it gets down to 9200, I’ll jump back in.


13 posted on 05/07/2010 7:45:07 AM PDT by Mashood
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To: screaminsunshine
Quick call the Plunge Protection Team!!!

The team stands ready, awaiting orders from the supreme leader.

14 posted on 05/07/2010 7:45:27 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: blam

Isn’t Obama’s economic recovery working wonderfully?


15 posted on 05/07/2010 7:45:28 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: blam
I think that inexplicable 1000 point drop yesterday sent the message that market integrity is suspect. Wouldn't surprise me if people start easing out again. Is this intentional? The last crash brought us Obama.
16 posted on 05/07/2010 7:47:25 AM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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To: Army Air Corps
Isn’t Obama’s economic recovery working wonderfully?

Thank God this man was elected! LOL!
17 posted on 05/07/2010 7:48:28 AM PDT by ZX12R
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To: Army Air Corps
Isn’t Obama’s economic recovery working wonderfully?

Sure we can harness the power of stockbrokers jumping out of windows as a source of alternate energy. And sweeping up all the bodies will be the new green jobs Obama keeps talking about.
18 posted on 05/07/2010 7:48:33 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: kittymyrib

Guess there weren’t enough Census workers to have an impact on the actual rate.


19 posted on 05/07/2010 7:49:24 AM PDT by Retired Greyhound
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To: blam

They really need to fire the fat-fingered typo guy.


20 posted on 05/07/2010 7:49:46 AM PDT by jersey117
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