Quote from: Bill Cravener on May 07, 2010, 10:15:03 AM
(http://www.quickersoft.com/pictures/gigglesmile.gif)
I know a few people that are heavy into the stock market who actually make a living at it. I know it's awful to feel this way but things like yesterdays crash just makes me laugh. They are claiming that someone entered a big number then ended it with a B instead of an M.
Bullshit!!
You can bet there was a boatload of buying after it dropped 995 points.
Quote from: Magnum on May 07, 2010, 11:45:53 AM
You can bet there was a boatload of buying after it dropped 995 points.
Thats the point Magnum Thursday afternoon took financial websites down!! In the link I posted above it states; "Yahoo Finance, Fidelity.com and Google Finance are among the sites that people complained were unavailable or slow for a period during the afternoon."
Total panic. :bg
Quote from: Bill Cravener on May 07, 2010, 12:39:22 PM
Quote from: Magnum on May 07, 2010, 11:45:53 AM
You can bet there was a boatload of buying after it dropped 995 points.
Thats the point Magnum Thursday afternoon took financial websites down!! In the link I posted above it states; "Yahoo Finance, Fidelity.com and Google Finance are among the sites that people complained were unavailable or slow for a period during the afternoon."
You are right. I hadn't read the whole article.
This situation reminded of a book I am reading, called Relativism.
'This stinking stew of ethical nothingness is the sad legacy of the sixties. Yet when our own moral philosophy turns us into victims--when our personal liberty is interrupted by random acts of anarchy--suddenly something like moral consciousness tries to lift it's head.
Take the L.A. riots of 1992, for example. As the buildings burned we watched with horror. Shop were plundered, not by hooded looters but by families made up of mom, dad, and the kids--moral mutants on the shopping spree of their lives, giggling and laughing with impunity while stuffing their spoils into shopping carts and oversized garbage bags.
We should not have been surprised. During the L.A. riots, these families did exactly what they had been taught. Nobody wanted to "impose" their morality on anyone else, so they learned that values are relative and that morality is a matter of personal preference. Make your own rules, define your own reality, seek your own truth."
Outta here. :-)