Flash Crash Ii

Petsamo · Jan 11, 2011

Quote from Trvlwanderer:
And this is showing you a "flash crash"? How?

You have to look at the 1 minute chart.

Trvlwanderer · Jan 11, 2011

Quote from Petsamo:

You have to look at the 1 minute chart.

I was thinking the 2-tick chart.

candles · Jan 11, 2011

Quote from Tsing Tao:

lol...make a post about flash crash II, and then a few moments later, declare going long.

love this site.

lol.

I think its funnier that these threads start after a 6 point drop that still leaves us 3 points up on the day!

This is why the bulls are in complete control. That measly little drop is obviously considered a 'crash' nowadays! lol

shortie · Jan 11, 2011

Quote from KINGOFSHORTS:

GET READY! look at the orderbooks and charts.

you, youngsters, don't know what the flash crash is. those of us who traded way back in 2010 remember the relentless selling...

Maverick74 · Jan 11, 2011

Six billion ES trade hit the tape.

http://www.zerohedge.com/article/ma...the+survival+rate+for+everyone+drops+to+zero)

shortie · Jan 11, 2011

Quote from Maverick74:

Six billion ES trade hit the tape.

http://www.zerohedge.com/article/ma...the+survival+rate+for+everyone+drops+to+zero)

Nice!

p.s. i hope it was not one of my bots. lemme check...

OTCkrak · Jan 11, 2011

Quote from shortie:

you, youngsters, don't know what the flash crash is. those of us who traded way back in 2010 remember the relentless selling...

+1

Petsamo · Jan 11, 2011

Quote from candles:
That measly little drop is obviously considered a 'crash' nowadays!

I like using the words fake sell off or flash micro crash.

trendo · Jan 11, 2011

Somebody knows something. That much is clear. Be afraid, be very afraid. (Who they are and what they know, I have no idea.)

atrocious · Jan 11, 2011

Quote from Maverick74:

Six billion ES trade hit the tape.

http://www.zerohedge.com/article/ma...the+survival+rate+for+everyone+drops+to+zero)

ZH has the street cred of the National Enquirer.

There was no block, the book was not swept, and 82,000 traded in those 6 minutes which means dollar volume wise there is no way one party was responsible for anywhere near $6 billion notional.