« North Platte Canteen | Main | Students Kicked Off Campus for Wearing American Flag Tees »
May 07, 2010
Jim Cramer Talking Through Violent Dow Jones Swing; Sources Say Caused by "Trader Error"
Here is amazing video from CNBC this afternoon of stock guru Jim Cramer on air with Erin Burnett and others as they watched the Dow drop to nearly 1,000 points down and then rebound dramatically to a drop of less than 400 points.
When the video begins, it shows Cramer talking about Proctor & Gamble being down to $47.01, off over $15 for the day. Cramer said PG was worth more than that, and urged people to buy it at that price. By the time the video ends, it had rebounded to over $60 a share, and was only off a little more than $1 for the day.
.
Wild Thing's comment.......
Amazing!! Can you imagine being there when all this happened. The panic they had to feel.
Posted by Wild Thing at May 7, 2010 05:47 AM
Comments
Yeah, and now Obama is cracking down on the "irresponsibility" of those people for the losses this week because of the mess with Greece. Like he has any say in those matters. At some point, someones got to stop him from freely walking all over and controlling everything that happens in our lives.
Posted by: J P at May 7, 2010 02:41 PM
J P , I wish he would stop, I have really had it with him. I despise what he does, says and thinks. He hates my beloved America.
Posted by: Wild Thing at May 8, 2010 04:52 AM
