us stocks take a major plunge

[auschr]

i imagine some people lost alot of money

Dow Jones Industrial Average: INDEXDJX:.DJI quotes & news - Google Finance

 

[adrian29uk]

Greed. Its why we are in this mess now.

 

[Philzo-93]

Yet their economy is set to grow by 3.5% as of last week??

 

[beorhthelm]

odd to have supposedly reacted to Greek riots a full day later, but cant see any other news to trigger this. just the irrationality of the markets.

 

[Bigtomfu]

Greed. Its why we are in this mess now.

Spoken like someone who really understands the mechanics of economics. DUNCE.

 

[Driver8]

Seems it may be down to someone typing billion instead of million in a sale order! Easily done. ..

 

[seagullsovergrimsby]

perhaps they have inside info on the election results

 

[Uncle C]

odd to have supposedly reacted to Greek riots a full day later, but cant see any other news to trigger this. just the irrationality of the markets.

Markets are not irrational They respond to fear and uncertainty.

 

[beorhthelm]

Markets are not irrational They respond to fear and uncertainty.

they respond to uncertainty irrationally, in the short term at least. selling because others have without any information, only to buy back a hour later is pretty irrational behaviour.

 

[withdeanwombat]

Watch the bank scene in Mary Poppins where the kids want their pennies back.