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8-May-10 News -- World markets continue to deteriorate

** 8-May-10 News -- World markets continue to deteriorate
** http://www.generationaldynamics.com/cgi ... 08#e100508


Contents:
"Thursday's stock market plunge baffles Wall Street"
"Worldwide markets continue fall as leaders look for solutions"
"North/South Korea tensions continue to rise over warship sinking"
"Additional links"

The thing that's odd about Thursday's panic is the quick recovery within 15 minutes from a thousand point plunge. How many traders look at a market that just fell 10% fifteen minutes ago and start bargain hunting? About zero I would guess. Nothing other than government intervention (plunge protection team) makes sense. Anyone care to defend the computer algorithms? Maybe they were just looking out for humanity and so forth? Zeroth law sort of thing?

Will the massive financial debacle lead us to deflation or inflation?

Miguel wrote:Will the massive financial debacle lead us to deflation or inflation?

We've discussed this a very great deal in this forum. Read through the
"Financial Topics" thread.

John