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i don't know what you do but i don't think you have ever been associated with trade breaks. they won't break trades days after the transaction.

so those magical trade breaks never came thru...

well i hope it turns out to be good because i am long as fuck various stocks from right near the close. we will see if it works out. i was feeling good after the fdx and txn but of course it is never that easy :p

....the sec is not an exchange

scrambling for what? the ruling has been made.

no it was a CBOE fuck up. they printed .01 and 999.00 but X'ed both out immediately.

1. do you have a bloomberg? 2. whatever 3. no they won't. i can't think of one time they have ever come back and overturned a mass ruling later in the day. i have been fucked by AMEX before but i expect that from them.

the news story was erroneous. the trades were not. an erroneous trade is something like an order entry error or hitting an ECN more than a point away (or whatever % it is for inet) from the last print if NYS is in slow mode. let's say i am trading premarket and i accidently sell KBH at 19.50...

dude before they even ruled they said they were treating it as a news based move. yeah I know nasdaq has been very inconsistent with some rulings (especially on erroneous program trades) but this one was pretty clear. they aren't going to break things now.

lol nonlinear nice find. i do love seeing how port will contradict himself next

what the hell are you ranting about?

why? they can't just start breaking all trades due to incorrectly reported news stories. i know it sucks losing money but that's how things are.

bloomberg news is a good thing

well if you had any clue what was going on then you would know why.....

the estimates are from barron's who has been dead right on this story the whole time.

you are just making this up...moodys just came out and said this will not effect their AAA. post a link or don't post at all. also it's not like this will cause the govt to lose a lot of money on this relative to GDP. it would be 100 billion at the most by the estimates i have seen.

hmm...have you seen erroneous trades before?

they are reviewing them as news driven trades but they are reviewing some extreme trades.

wow what a crazy day it was a 4 year old story that got posted on the tribune

MER made comments that they could have a large writedown...but they also upgraded them to neutral this morning.