by Dexter S.
Member since:
June 29, 2009

Dow Jones Today - Traders Loose It! PANIC VIDEO

May 06, 2010 07:02 PM UTC (Updated: May 06, 2010 09:44 PM UTC)
views: 0 | comments: 5

The video below shows how chaos reigned for a while with the Dow Jones today as traders panic as the Stock Market crashes 1,000 point in less than a half hour. Before the day was over the Dow Jones reboun to end up 347 points down.

The normal business like CNBC broke in to near hysteria while interviewing traders. And this is the place you trust your money?

Watch the video below to feel the craziness of the Dow Jones today.

 

 

Comments: 5

Jim G. May 6, 2010, 7:12pm UTC
There is ABSOLUTELY no connection betweem Main St. & Wall St., except that the greed of Wall St. has brought us down. "Greed is good." - Gordon Gekko.
Dexter S. May 6, 2010, 7:13pm UTC
You are soooo right Jim.... this is nuts
Graham L. May 7, 2010, 8:37am UTC
Watch what happens today after we in Britain elected a Hung Parliament.
Jim G. May 7, 2010, 1:07pm UTC
At least you Brits only have to put up with campaigning for 4 weeks, Graham. With us in the States, it's a never-ending process.
Rory H. May 6, 2010, 8:00pm UTC
Unknown trader (Most likely a computer Derivative Program) sold PP&G - AAA bell whether stock @ I believe 50% off it's traded price a very large chunk of PP&G's stock to a NASDAQ stock. The sudden drop of the DOW indicator PP&G stock (Top consumable company in this country) caused other programs to trigger. Which then drove down stock prices. Hasn't until human traders seeing a profit taking scenario bid back up the stock. This is only partly confirmed. We don't what trading company started this.

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