[Boomer]

Collie,

I remember that, too.

I just heard that they are canceling trades that happened during yesterday's plunge. I think that's a new twist. Can't remember hearing such a thing before. Like you, I thought there was a "head 'em off at the pass" thing in place, but I have never heard of an "after the fact" fact.

And I doubt if we will ever know if it really was a "fat finger trade" because they are scrambling to cover and deny from what I am gathering from the news this morning. The fat finger trade thing was alongside a lot of bad news in the world economy though so, if it did happen, it was one of several factors that dropped the market. All the better for the street to rewrite history.

We are a nation of amnesiacs, way too willing to abdicate our power over our own financial decisions to the media and to the machine.

I don't think any of those people who get paid to fill television time with their theories can possibly know what they are talking about. All that media has time to fill. I rarely watch television coverage, but I have to admit that on days like this, it can be fun to just turn off the sound and watch only the facial expressions and gestures of all those talking heads. Maybe I am boring, but I remain a "buy what you know and like, trust gut instinct, sleep at night, and don't get greedy" kind of girl.

Boomer