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Posted by on May 6, 2010 in Markets, TG Roundup

The Crash of 2:45 PM (May 6th, 2010)

I am sure you heard about this intraday crash already. At one point today DOW dropped nearly 1000 points. A typo may have triggered it and high frequency trading may have accelerated it. But…

Watch the backdrop for this steep drop..

Plunging Euro…

Sovereign debt problems at STUPID countries (ex Greece – thanks to Zero Hedge for this new acronym. STUPID: Spain, Turkey, UK, Portugal, Italy, Dubai.)

Typo for today, maybe. It ain’t over yet!

Chart source: Zero Hedge

2 Comments

  1. Listen to this interview to know the reason why it went down.

  2. STUPID name is cool!