Quote:
Originally Posted by TheCoolinator
It dropped again by 130. I heard that one of the hedgefunds blew out and that's why the market dropped so fast. I wonder how low it can go?
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You do know the actual reason for the drop was because of a human error in a single trade caused a false panic right? That the plummet you are "The sky is falling!" about is a
big human error fueled mistake?
Quote:
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Originally Posted by Yahoo Finance
Multiple sources said a trader entered the letter "b"-as in "billion"-when he or she meant to type "m," for "million," shortly before 2:47 p.m. New York time.
U.S. stocks plunged suddenly, briefly by more than 9 percent, before pulling back to a near 3 percent drop, as investor worries mounted that Greece's debt problems could spread.
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So your entire argument is now supported by a single typo
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