Thursday, May 6, 2010

DOW DOWN OVER 900 POINTS !!!!!!!!

How long before the there is a stupid Congressional committee investigating why supposedly no one saw this coming?

UPDATE: Some recovery now, Dow off only 700 points.

4 comments:

  1. The PPT is on the beat! Here comes the cavalry, boys!

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  2. Bob, do you still think Gold is going to pull back? Or is the moonshot here?

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  3. I'm thinking pull back, but the flight out of the euro makes it a very tricky. Those people will be putting money into gold.

    I would short gold lightly.

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  4. Not surprisingly, on a few socialist leaning websites, they're blaming this on a trader keystroke error and not the trillions of euros of government debt currently grinding away at Europe.

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