Price of Oil drops 27% in one day! Oil now at 30.07/bbl

submitted by magnora7 from finance.yahoo.com

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[–][deleted] 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (1 child)

17th? those are rookie numbers... gotta pump those numbers up.

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Be careful what you wish for... heh

Also I found out the #1 spot will never be broken, because now there is an automatic circuit-breaker shutdown, where if the S&P 500 loses more than 20%, all stock market trading halts for the day. Right now there's a 15 minute breaker at the -7% mark for the day, and another at -13%, and then a stock market shutdown for the day at -20%.