45 point drop than a recovery

[S2007S]

anyone know why the dow dropped so hard in 3 minutes only to recover to down 14

 

[EqtTrdr]

http://www.elitetrader.com/vb/showthread.php?threadid=83404


I love no risk dip buying for free money $$

 

[bsparkyman]

Anyone on the floor on in a trading room is partying right now... Could be a fat finger or someone taking advantage of everyone elses lack of judgement.....

 

[S2007S]

Quote from bsparkyman:

Anyone on the floor on in a trading room is partying right now... Could be a fat finger or someone taking advantage of everyone elses lack of judgement.....

very true,

 

[Trader273]

Trading the ES and watch the premium levels. Around that time alot of program sell triggers went off.

 

[Mvic]

That was no fat finger, that was someone trying to keep this thing from melting before the year is out. Someone is going to be very wrong next week.

 

[Landis82]

No volume, no size between bid/asks that allow a small amount of volume from a typical 3:20PM "program" trade to push the market around big time.

No big deal.

 

[Mvic]

Rubbish, today saw some of the biggest bids on the SPY in a long time. Overall volume may have been low but when it was needed it was significant.