Trillion Dollar Typo?

Analysts are arguing today as to the cause of a major sell off in the stock market that took place yesterday May 6, 2010. Suggestions range from the Greek debt crisis all the way to a trader mistake who typed B for billion, when he meant to type M for million. At one point DOW had lost nearly 1000 points causing a rush of buyers to move in and snatch up the low prices. Whatever the cause yesterday, The massive movement reminded everyone that the Market is prepared to behave like a swarm of angry bees at the drop of a hat. Here’s some of the buzz from  the trading floor.

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