Is the CBOT down?

Quote from steve0617:

I've got to say - HOW does an entire exchange just stop working? I mean, that's all they do on the ECBOT is move data. And what exactly happens short of a terrorist attack on every piece of (hopefully collocated) infastructure to cause an entire market to stop trading?

Seriously, aren't there at least a half dozen backups things in place to prevent the entire exchange from shutting down?

If somebody has an idea how this can happen, please enlighten me.

Steve is on the money..
 
Quote from steve0617:

I've got to say - HOW does an entire exchange just stop working? I mean, that's all they do on the ECBOT is move data. And what exactly happens short of a terrorist attack on every piece of (hopefully collocated) infastructure to cause an entire market to stop trading?

Seriously, aren't there at least a half dozen backups things in place to prevent the entire exchange from shutting down?

If somebody has an idea how this can happen, please enlighten me.


Technology isnt perfect? WTF man! I cant believe it! Entire exchange isnt down anyways go trade in the pit.
 
Quote from steve0617:

I've got to say - HOW does an entire exchange just stop working? I mean, that's all they do on the ECBOT is move data. And what exactly happens short of a terrorist attack on every piece of (hopefully collocated) infastructure to cause an entire market to stop trading?

Seriously, aren't there at least a half dozen backups things in place to prevent the entire exchange from shutting down?

If somebody has an idea how this can happen, please enlighten me.

my thoughts exactly.........i feel for you john,what a helpless feeling.................i guess they have enough people leaning one way so now they`re going to trap them..........literally.

if i had to be trapped one way or the other...........it would definitely be short,without a doubt..........more room to move ,IMO.

steve
 
Quote from Urkel:

Technology isnt perfect? WTF man! I cant believe it! Entire exchange isnt down anyways go trade in the pit.

Any one piece of technology isn't perfect, of course. But all backups to the 'main' piece of technology?

When your entire electronic business is technology based, how does a company like the ECBOT not have tons of backups to prevent the stoppage of all electronic business?

Seriously, how does this happen?
 
Quote from steve0617:

I've got to say - HOW does an entire exchange just stop working? I mean, that's all they do on the ECBOT is move data. And what exactly happens short of a terrorist attack on every piece of (hopefully collocated) infastructure to cause an entire market to stop trading?

Seriously, aren't there at least a half dozen backups in place to prevent the entire exchange from shutting down?

If somebody has an idea how this can happen, please enlighten me.


i was wondering the same. these manipulations are either lining pockets, prolonging a correction or both. what would be natural free-market selloffs will be irrevocable economic damage instead. so be it. that's the tragic flaw of the political and economic system we have

watching it consume itself should be disturbing, but i guess stealing is just nature
 
Those of you who were short prior to it going down will thank the ECBOT for forcing you to hold on to your shorts longer :)

when it opens back upm all you'll see is green in your account adn red on the YM.
 
Quote from john99:

Turns out I can't call the pits, and close the trade,,,so I'm basically relying on hope at this point,,,I should be hedging myself right now. Looks like we got a descending triangle formation on the Q's currently at the top trend line,,,hmmm

can't call? thats wierd. phones down also,or only certain people have access?
 
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