Dow Jones falls 1,000 points Thursday

[donnabrown]

The stock market had one of its most turbulent days in history as the Dow Jones industrials fell to a loss of almost 1,000 points in less than half an hour

hxxp://news.yahoo.com/s/ap/20100506/ap_on_bi_st_ma_re/us_wall_street

 

[ShareTip]

Any stock trader here?

 

[maxxtuner]

Any stock trader here?

They have all jumped out the window.

 

[Deviance]

 

[ShareTip]

They have all jumped out the window.

You'd be fine if you were short on or before Wednesday, i.e. earlier in the week.

However, if so, I'd cover (and even go long) in anticipation of a significant but limited bounce, (and flip any long position for a quick profit to become flat). Then go short once again soon thereafter.

Trading is not that hard, believe or not, and it can be a lot of daily fun and profit. IM by comparison is a lot more work, with much slimmer profits, IMHO.

 

[MrSmith]

It was a typo + the Greece economy dying slowly that caused this ravage lol.

 

[HoNeYBiRD]

...and we're still breathing

It was a typo + the Greece economy dying slowly that caused this ravage lol.

fyi the Greeks plans to buy the whole EU + Switzerland in the first round before they occupy China, it's just the part of their tactic, have you ever heard of the Trojan Horse?! but shhhh