UPDATE: Trading Error Takes Down The Dow?
May 06, 2010
****UPDATE: Say what you want about Cramer on CNBC (and there's a lot)...but when he starting flapping his gums about the P&G stock being down as far as it was, it turned almost immediately. The stock went up 7 points in about 30 seconds and the Dow recovered about 300 points that quickly.
Sorry, the original post I made got deleted. It referenced this story from CNBC
that pointed out the big crash on the Dow today was likely a result of a trader with fat fingers. He hit the "t" for trillion instead of the "m" for million on a sell order for Procter & Gamble. It's sent the stock tumbling and the dow dropped almost 1,000 points.