Tuesday, May 25, 2010

Stock Futures Are Bright Red..

Dow -190, S&P 500 -23.90, Nazdaq 100 -35.75. Screen shot from Bloomberg.

Ostensible reasons: North Korea threat, Euro debt crisis. Could be true, and a whole lot more that we don't know about.

When a complex system collapses, it is not a gradual, orderly decline over a long period of time. All it takes is a trigger, any trigger. It doesn't need to be a big one either.


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