N nazzdack Jan 13, 2006 #3 It was a "noon balloon". The market should retrace it all back. We'll see!
R reno4nook Jan 13, 2006 #4 Sell program hit. Looks like it was a smaller firm because of the relatively low volume. That's two big selldowns in 2 consecutive days...hmmmm Have any bears been spotting peeking from behind the elms?? Are they just out of sight, hiding in the mist?
Sell program hit. Looks like it was a smaller firm because of the relatively low volume. That's two big selldowns in 2 consecutive days...hmmmm Have any bears been spotting peeking from behind the elms?? Are they just out of sight, hiding in the mist?
A Arnie Jan 13, 2006 #5 low volume, pre holiday market...easy for a buy/sell program to move the market. All systems are normal.
low volume, pre holiday market...easy for a buy/sell program to move the market. All systems are normal.
T TrueRange Jan 13, 2006 #6 Quote from sammybea: at 12:45ish.. Market tanked. More... 3 handles is tanked?
Magna Administrator Jan 13, 2006 #7 In 15 minutes the ES dropped 4.75 pts, taking out today's low and the low of the week. So while that wasn't FOMC surprise announcement type tankage, it was a pretty fast (and unexpected) move down. And it all happened during lunch.
In 15 minutes the ES dropped 4.75 pts, taking out today's low and the low of the week. So while that wasn't FOMC surprise announcement type tankage, it was a pretty fast (and unexpected) move down. And it all happened during lunch.
V vulture Jan 13, 2006 #8 Quote from TrueRange: 3 handles is tanked? More... With these ranges and the snail like pace of any downside movement, I can see why people said "tanked".
Quote from TrueRange: 3 handles is tanked? More... With these ranges and the snail like pace of any downside movement, I can see why people said "tanked".
E EqtTrdr Jan 13, 2006 #9 Just freaking amazing... what passes for a "tank", market is "selling hard"or the ever popular.. "what the heck happned" ??? thread these days
Just freaking amazing... what passes for a "tank", market is "selling hard"or the ever popular.. "what the heck happned" ??? thread these days
W wareco Jan 17, 2006 #10 11,000+ ES traded in the space of a minute at 1:55 p.m. News? Fat finger trade? What?
