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Dow Jones Plunge Fueled by Overwhelmed Computers
cloudscout writes "The Dow Jones Industrial Average dropped over 400 points today. While there were various valid financial reasons for such a decline, some of the blame is being placed on computer systems that couldn't keep up with the abnormally high volume at the New York Stock Exchange and the resulting tremor as they switched over to a backup system."
It looks like somebody forgot to change the gigantic SQL batteries embedded in the side of the NYSE building...
I spend a lot more than I save :-)
The Dow may go down, but a pizza is still as tasty hehehehe.
I wonder how much of this load is due to low volume day trader movement?
Tom
Someday, I'll have a real sig.
This is what happens when I sell one lousy share of google!
> A butterfly flaps it's wings in Asia , and the dow drop 400 points in the US... brilliant.
Of course, the usual moron response to this is to say "why don't we just kill all the butterflies in Asia?"
Peter
Let me put it this way, Mr Amer. The 9000 series is the most reliable computer ever made. No 9000 computer has ever made a mistake or distorted information. We are all, by any practical definition of the words, foolproof and incapable of error.
Never give in--never, never, never, never, in nothing great or small, large or petty, never give in except to conviction