Dow Death Watch

All driven by fears over Greece. If we're not careful it could happen to us.

Hopefully just a correction

All driven by fears over Greece. If we're not careful it could happen to us.

You mean Greece is having financial problems because of all their social programs? No Way. Maybe they should call Canada and get some tips. Ops, Canada is having the same problems. I know maybe we should add these same social programs so we can join them. Then when we cannot afford another thing and the goverment has to finally cut back on these programs we can get mad riot and kill people who had nothing to do with it.

Definitly a crazy day. This was insane with p&g, hopefully none of you had a stop loss on it.


UPDATE: Unexpected Drop Prompts P&G To Probe Erroneous Trades - WSJ.com (http://online.wsj.com/article/BT-CO-20100506-722769.html?mod=WSJ_latestheadlines)

heres a graph of how dramatic it was:
Procter & Gamble: Something Strange Was Going On - MarketBeat - WSJ (http://blogs.wsj.com/marketbeat/2010/05/06/procter-gamble-something-strange-was-going-on/)

heres a graph of how dramatic it was

Procter & Gamble: Something Strange Was Going On - MarketBeat - WSJ (http://blogs.wsj.com/marketbeat/2010/05/06/procter-gamble-something-strange-was-going-on/)

All my Trailing Stop Loss triggered, then I bought back the stocks at 2%-5% profit. This was great day for me.

You mean Greece is having financial problems because of all their social programs? No Way. Maybe they should call Canada and get some tips. Ops, Canada is having the same problems. I know maybe we should add these same social programs so we can join them. Then when we cannot afford another thing and the goverment has to finally cut back on these programs we can get mad riot and kill people who had nothing to do with it.

Most of the time your posts are biased and easily dismissed. This time you're dead on accurate.

Germany is a socialist country with lots of social programs, I wonder why they haven't gone under. The Greek problem is two folds, decline in world wide shipping and tourism due to United States sub-prime crisis, and fraud (http://www.businessinsider.com/henry-blodget-greece-paid-goldman-300-million-to-help-it-hide-its-ballooning-debts-2010-2) on the part of the Greek government with the help of Goldman Sachs to mask their real debt.

Wow, a typo?

The Associated Press: Wall St. rollercoaster: Stocks fall nearly 10 pct (http://www.google.com/hostednews/ap/article/ALeqM5jmT59dgLTTziX4p9X9MRBRpWZGdQD9FHLKMO2)