The Dow and market in general had some wild swings recently,yet another thing for the SEC to look into if they can take some away from (how do I say this delicately?) their other endeavors. Not sure if they got to the bottom of this yet, it was likely a sell order that had an extra two zeros at the end, selling 100 times what you intend can never be a good thing.
Joe
Yes, I certainly noticed. Between the Greece debacle and the “computer error,” it has certainly been a rollercoaster ride over the last 2 weeks. This is one of the reasons I don’t think it is wise to put your entire portfolio in paper assets.
Error, schmerror! What a ridiculous idea that one person can cause, by mistake, a trillion dollars in value to disappear in an hour. The dip was probably legitimate.
unpredictable …. naa……!