Archive for May 2010
Flash Crash
At 2:45p on May 6, 2010 the Dow tanked 998 points in a matter of minutes. Major indexes fell 7% in 15 minutes. Eight major stocks fell to one cent. Jim Cramer was on air at the time saying, “Those prices aren’t real.” When P&G dove to something like 37, he said, “If I were…
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