What the Dow’s 1,000-Point Drop Means for You
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I was watching NBC yesterday when the crazy drop occurred.
CNBC captured a great moment during yesterday’s market crash and bounce. As host Erin Burnett tries to explain the fast-moving market, professional crazyman Jim Cramer points at the screen and gestures in disgust: “That is not a real price. Just go buy Procter & Gamble. When I looked at it, it was at 61, I’m not that interested in it. It’s at 47? Well, that’s a different security entirely.”
It lasted for a short while only but it was a free fall with no demand. Watch this video with Cramer who spotted the action in Procter and Gamble.
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