Is the stock market crashing? What's going on here?

[Snellius]

Drudge linked to this. Does anyone know what this means?

http://moneycentral.msn.com/scripts/webquote.dll?iPage=qdext&Symbol=$US:INDU

On Edit:
CNBC site has the market down -1206.50.
Use link at Drudge. DU does not copy url properly.

[Syrinx]

1. I think it means someone made a mistake.

[MercutioATC]

2. So do MSN.com and the NYSE.com site...(nasdaq.com has it right, though)

:wtf:

on edit:

nasdaq.com has the DJIA at 9630.90 (down 23.71) THAT sounds more realistic...

[Birthmark]

3. CNN also has it at 8800-something

???

[qanda]

6. I think it now says 8448 over at CNN...

This is weird!

[DCDemo]

4. I am confused too

Went to Washingtonpost.com and clicked on Market Information where the numbers were, and it showed a graph that looked crazy - > 9650 this AM, down to this ~8448 at close....and the Post showed -.52 change which makes no sense - down 1200 or out of 9650 is a LOT.

On edit: clearly, someone who passes out the numbers to a lot of folks in the media gave out the wrong number. Oh the perils of modern journalism and technology.

[kanrok]

5. Go to Scwab

The Dow was down about 24 points. http://www.schwab.com/

[screembloodymurder]

7. Afterhours trading must have been hell

Not!

[qanda]

8. I certainly hope these aren't the futures.

eom

[qanda]

9. Drudge is now reporting that Hackers are to blame.

eom

[screembloodymurder]

10. These are the "shadow market" figures

Bush slipped up and released the real numbers.

[screembloodymurder]

11. Asians join Saudis and cash in their bonds

CRASH!!!!!!!!!!!!!

[ozone_man]

18. Really, I think this may happen some day soon.

If they keep devaluing the dollar, and waging wars all over the world. It seems to be the last thing propping us up.

[screembloodymurder]

33. I agree

it's just a matter of time.

[Birthmark]

12. Somebody hacked the NYSE?!

That's probably not good.

[arcane1]

13. perfect time for the feds to control the entire internet

just to be 'safe'

[Snellius]

15. They hacked the NYSE?

Well, that inspires confidence in our financial institutions. Where's Grasso.

[NewYorkerfromMass]

19. "That's probably not good"

nice understatement. very effective. I am ROTFLMAO.

[The Backlash Cometh]

14. Whenever bad things happen to Bush & the Republicans the stock

market goes up. It's as if there is confidence that things will change for the better. But the more things remain stagnant in an unchallenged Republican environment, the less consumer confidence has a chance to improve.

So, what this means is, that you can steal the political vote from the majority of the people, but you'll eventually pay an economic price for your arrogance.

[karlschneider]

16. Farkled link...I dunno, here's from yahoo

http://ichart.yahoo.com/w?s=^DJI

[Ignis]

17. Just testing!

This has been a test of the October Suprise Election Alert System. This has only been a test. If this were really October 2004, a Real Emergency would have been generated to forestall the election. Thank you for your cooperation.

[Renew Deal]

21. LOL

I am lauging my ass off. DU is always good for some hysterical stuff. lol :yourock:

[Ignis]

25. Your amusement has been noted, Citizen.

Return to your cubicle. That is all.

[screembloodymurder]

35. Good point.

They can hack the NYSE but not our voting machines?

[KoKo]

20. Think it's a hoax, Real Time Quotes from Yahoo Finance don't show crash!

Don't know what this is.

[Must_B_Free]

22. But what is the hoax

Is it real and they are just saving it in the interest of National Security?

If the DOW really tanked this much would they want us to know?

[MercutioATC]

23. You KNOW it's a hoax because the DJIA simply can't lose that much

in one day...there are safeguards that stop trading if it tanks too badly.

[Must_B_Free]

24. Put 2+ 2 together

Look at the other Drudge headline - Moscow to switch to Euro for Oil - this would naturally cause deflation of the dollar -

I would expect a crash in the markets based on this news

Now we have "breaking news" that the tanking is due to hackers?

Something fishy....

[cthrumatrix]

26. Just a succesful hack.....CBS Marketwatch and Bloomberg

are fine

http://cbs.marketwatch.com/news/default.asp?siteid=mktw

[Renew Deal]

27. So are others...

unless fine is -1200.00

[Must_B_Free]

31. Was also on NYSE.com site

Simultaneous hacks? Pretty good hacker...

[MercutioATC]

36. Probably hacked the site they all link to for the quote.

And it seems that a few use a different site...thus, the fact that some sites have the correct closing number while most have the "-1200" number.

[MercutioATC]

34. Again, the DJIA CAN'T drop more than a couple of hundred points before

trading is automatically halted. It happened a few years ago on two or three occasions. This is obviously a hack.

[screembloodymurder]

37. It could be the start of a flight to safety

and the US dollar is no longer the safe place to be. We took down the rubble when Reagan was in the WH. Could the russians be returning the favor. I don't trust the market with Bush in charge. It's irrational.

[Renew Deal]

28. I'm on the ledge

I am about to jump. Tell me it's not true. Fuck it. I'm jumping :hi:

[lanlady]

29. some hacker is having fun tonight

n/t

[Junkdrawer]

30. Imagine if they did that hack in the middle of a trading day...

You'd have to dodge the falling bodies walking down Wall Street.

[KoKo]

32. Don't worry until the last week in October.

Then be watchful........:-)'s