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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (74692)	2/27/2007 10:43:39 PM
From: MythMan	Read Replies (2) \| Respond to of 94695

cramer was also saying that. all I know is that in less than a minute we dropped 250 points. I happened to be watching the real time tape during that period. I thought we had a misprint -g-

To: Real Man who wrote (74692)	2/28/2007 7:26:15 AM
From: shoreco	Read Replies (1) \| Respond to of 94695

>> CNN is saying the selling was a computer glitch << Was there a glitch? yes Did it cause the selling? no The selling caused the glitch... Here's a chart of the DIA showing a steady decline... stockcharts.com Here's INDU stockcharts.com The drop started on the DIA @2pm sharp The drop on the INDU started 15mins later (already back logging) At 2:50pm the DIA was reading $122.50 or "12250 DOW" At 2:50pm the INDU was reading 12350 (it should have been 12250) It was like a clogged sewer pipe and @3pm came the flush...