May 6, 2010

Dow cover up?

There was a massive intra-day - nearly 1000 points - drop on the Dow today, before the 'recovery' to a 300 point loss. It was the biggest since 1987. It is being blamed on...a typo?

An honest mistake? Has that ever happened before? Or is it Dow revisionism. Dow points saved or created.

It sounds "Fishy". Contact the Obama website and report something fishy.

2 comments:

  1. I heard (on FBN) that someone doing data entry for Procter and Gamble typed one wrong number and devalued the stock by 33% and then automatic sells were activated. Both of my investment bankers told me that was impossible.

    I blame Obama and cannot wait to short in the morning.

    ReplyDelete

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