Thursday, July 26, 2007

The Stock Market and the Battle of Jutland

"There's something wrong with our bloody ships today, Chatfield"

The words of Admiral David Beatty to his flag captain after HMS Queen Mary blew up.

16:00 hrs-16:05 hrs, Indefatigable explodes leaving two survivors.
16:25 hrs, Queen Mary disintegrates, nine survive.

Wikipedia entry

13:38 hrs, DJIA down 291.82 not quite the tragedy it might feel like.