DOW 995 Point Drop On CNBC

Live CNBC as the DOW hit 995 and on Proctor and Gamble.

THE DOW DROP ON CNBC:
http://www.cnbc.com/id/15840232?video=1487022682&play=1

YOUTUBER SAYS PLUNGE PROTECTION TEAM PROPPED UP MARKET:
http://www.youtube.com/watch?v=G8g3ZktuPo0

DOW DROPS 1000 BEFORE FED STEPS IN?
http://www.marketoracle.co.uk/Article19250.html


CNBC's BARTIROMO - SOUNDS LIKE MARKET MANIPULATION TO ME;
http://www.businessandmedia.org/articles/2010/20100506174136.aspx

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Category:

News & Politics

Tags:

• DOW
• the market
• cnbc
• jim cramer
• cramer
• proctor and gamble
• 995
• 1000 points
• mistake
• jobs
• economy

[alphabeets]

No manipulation here. Move along, kids. This day was clearly a threat by the bankster powers that control the market to show what they can do if they don't get their way.

[twisted45]

plunge protection team

[dave997]

flash trading gogogo

[MACK101508]

The NYSE composite index hit a low of 6666.96 Thursday 5/6/10.... The low in the S&P index in March of 09 was 666.... Tell me the drop on Thurs wasn't controlled and intentional for someone to make big $.

And it's done in everyone's face!

[ATHEISTIQ]

The quants use algorithms tied to futures and this was led by the futures. The number of trades at the lows was very small. I couldn't find bids on the way down, nor offers on the way up. Hence the quick bounceback. The stocks followed the futures. Comparing the one minute charts would tell you that.

[benjiheads]

all part of the game happy days :-)

[benjiheads]

no what it was is the locals (the big boys) on the floor know that there are a ton of sell stops at these levels so they start to sell it of hard found the sell stops which force price down ,(joe blow) started selling and when this is all going on ie ( people getting stopped out joe blow going short , the big boys buy it back and fU@k everyone move on to the next trade period!!!1

[Dean0000007]

To me it looks like the banks wanted to dump a bunch of individual investors out of these blue chip stocks. Many investors have stops that bail them out after a good drop, and then they get home and look at the fact they are out of a stock that dropped 10% and they're out and the stock was back up by 7 to 8% by close.

[jimbobubbadj]

Bacon is ok on Atkins hahaha!

[ladypitbulluv]

Great response for the quick post on this!

I was holding onto my SEAT today expecting a 10,000 blow out.

The great and powerful OZ has peeked out from behind the curtain today...