Thursday, May 6, 2010

DOW is going down

At one point, Accenture fell more than 90 percent to a penny. P.& G. plunged to $39.37 from more than $60 within minutes.

The crisis in Greece, high-speed computer program trading, the debate over regulatory reform in Washington, talk of errant trades — all were pointed to as possible catalysts. But most agreed the plunge would not have been as bad had the markets not already been on edge over the debt crisis in Europe.

That was pretty eventful day, sir.

# Posted via web from opportunity__cost