Overnight Flash Crash...

Quote from tradingjournals:

If the market follows the efficient market hypothesis, and taking into account the ex-dividend date, models are telling me that it is normal if SPY were to start trading between 142.03 and 142.37.
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I wonder what type of models the robots use?
 
Quote from lwlee:

I've seen it before as well in MANY equities stocks. Unless Obama/Boehner get together overnight and get it done, I don't see how we go back to even.

Look at the charts, they are starting to show that ugly curl downwards. Dow futures is at about -200 right now.
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Well you were right.

Man the market was just dead today. Not a surprise I guess given op ex and xmas shopping going on.

Will make for an interesting xmas trading week though. :cool:
 
Yeah, I did good. But there was a buoyancy that shows we are still in a bull run, especially the Russell. If Obama can get the limited fiscal cliff deal done before year-end, market could pop. I'm flat for the holidays. Don't need the agita. :D

Quote from Cdntrader:

Well you were right.

Man the market was just dead today. Not a surprise I guess given op ex and xmas shopping going on.

Will make for an interesting xmas trading week though. :cool:
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