Quote:
Originally Posted by DaddyTorgo
I agree with you that this doesn't explain it all of course.
But if the drop in PG&E (however the fuck that happened, and i agree it doesn't make any sense) was enough to drop the DOW 142 points that could easily trigger a lot of those automated sells.
I'm not disagreeing with you - I just cut n pasted the first explanation i found. I'm still in the office workin away.
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Ya i edited my post, wasn't blowing up at you dude, just gettin over aggressive about my point.
EDIT: To be fair, Jim Cramer on CNBC told people that price can't make sense and told people to limit buy... the first good advice I've seen out of him in years!!!