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The Dow Jones Rollercoaster


The Dow and market in general had some wild swings recently,yet another thing for the SEC to look into if they can take some away from (how do I say this delicately?) their other endeavors. Not sure if they got to the bottom of this yet, it was likely a sell order that had an extra two zeros at the end, selling 100 times what you intend can never be a good thing.

Joe

  • Roshawn @ Watson Inc May 15, 2010, 10:08 am

    Yes, I certainly noticed. Between the Greece debacle and the “computer error,” it has certainly been a rollercoaster ride over the last 2 weeks. This is one of the reasons I don’t think it is wise to put your entire portfolio in paper assets.

  • cm May 15, 2010, 12:55 pm

    Error, schmerror! What a ridiculous idea that one person can cause, by mistake, a trillion dollars in value to disappear in an hour. The dip was probably legitimate.

  • pandi merdeka May 15, 2010, 2:56 pm

    unpredictable …. naa……!

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