2:27 What a thug. He will get what's coming to him. That is scarily reminiscient of what happened to the man at the G20 protest, the push that KILLED HIM.
It looks like everyone who is commenting here, has got for know-how than the Wall Street and Goldman Sachs Crooks that are trying to fool them. The 1,000 Point drop has nothing to do with Europe, it has nothing to so with Greece, but has everything to do with Wall Street threatening the US Senate, that should the Senate Pass New Legislation where "TOO BIG TOO FAIL" is unacceptable, that financial terrorism is indeed an option.
It's becoming apparent that hedge funds and investment banks can exert enough influence in individual markets to push them beyond the point of reasonable value and then, in a concerted effort, dump their holdings and sell short to multiply their profits on the downside. This could end with an historic crash if the investing public is pushed beyond the tolerance point and joins the operators in panic selling.
Damn that was a beautiful day. I love to see the market go down like this. Screw them greedy people on Wall Street. They have robbed the comman man. It's nice to see these greedy bastards lose their ass!
There was no glitch, none of the systems failed. The press have warped this. The market fell because people and computers were selling. Has anyone heard of limit down in the futures? They never kicked in. Do circuit breakers come in on the NYSE after 14.30? No they don't. This goes to show that measures are NOT in place at the exchanges to stop this in the future. The design of the system will lead to its collapse. Mark my words
2:27 What a thug. He will get what's coming to him. That is scarily reminiscient of what happened to the man at the G20 protest, the push that KILLED HIM.
joneselius 1 year ago
It looks like everyone who is commenting here, has got for know-how than the Wall Street and Goldman Sachs Crooks that are trying to fool them. The 1,000 Point drop has nothing to do with Europe, it has nothing to so with Greece, but has everything to do with Wall Street threatening the US Senate, that should the Senate Pass New Legislation where "TOO BIG TOO FAIL" is unacceptable, that financial terrorism is indeed an option.
JKoulouris 1 year ago
It's becoming apparent that hedge funds and investment banks can exert enough influence in individual markets to push them beyond the point of reasonable value and then, in a concerted effort, dump their holdings and sell short to multiply their profits on the downside. This could end with an historic crash if the investing public is pushed beyond the tolerance point and joins the operators in panic selling.
TYX91101 1 year ago
Damn that was a beautiful day. I love to see the market go down like this. Screw them greedy people on Wall Street. They have robbed the comman man. It's nice to see these greedy bastards lose their ass!
fasteddie847 1 year ago
watch @ 3:45 and you can see the Rebel Dog run by :-)
AlcoholLevel 1 year ago
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There was no glitch, none of the systems failed. The press have warped this. The market fell because people and computers were selling. Has anyone heard of limit down in the futures? They never kicked in. Do circuit breakers come in on the NYSE after 14.30? No they don't. This goes to show that measures are NOT in place at the exchanges to stop this in the future. The design of the system will lead to its collapse. Mark my words
rowestocktrader 1 year ago
I was lucky to have watched this live as it happened. Historical moment really. Biggest intra-day loss since 1987!
graw81 1 year ago
Things are heating up from so many different angles.
thepatient08 1 year ago
no words!
LuvyLu 1 year ago
how old is this news?
jamesarongray 1 year ago
@jamesarongray This happened on May 6, 2010 (yesterday, as of this comment) in the 2 pm hour ET.
crash6may2010 1 year ago
@crash6may2010 lol thanx... when i was watching this i thought it was happening again for the second time :P
jamesarongray 1 year ago
@jamesarongray It was on May 6 2010 about 230pm cst
fasteddie847 1 year ago
@fasteddie847 is mostly happened at 245pm
davidlee110 1 year ago