POLL: Did the Hybrid System cause that huge DOW down tick?

Ummmmmmmm my 100% automated system made over 4G's today, thank you very much :D

It picked up the free money on the floor all over the place. Puking? Have no idea what you are talking about. Maybe all those human traders who were puking money everywhere from the pressure as my trading robots picked up the cash, emotionless, and completely in control LOL


Quote from StreamlineTrade:

It was China. Where are you guys sticking your brains? Up your butt?

Have the basic drivers of markets eluded all you fools in your fear of computer algorithms?

My money is good old fashioned fear making these morons who program systems puke their little stoopid guts out all over the market so I can take their money.

VIVA AUTOMATED TRADING. The clever HUMAN with discretion and objectivity wins hands down every time.

Keep coding kids.
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CNBC is catching on.

Erin is saying it's due to the hybrid system.


What's your opinion? That's why I started this thread?



My opinion is the hybrid is garbage. The NASDAQ should take advantage of this & attempt to grab some NYSE companies over to their system.
 
Hey StreamlineTrade, you are spot-on about China my friend.

Thanks for filling us in about what started the whole thing - mabye some of us didn't know it happened.

But that wasn't the question bro :cool:
 
Quote from Cdntrader:

the market dropped in response to the indu quote which was corrected @ 3pm. People wrongly assumed that the mkt had just gapped dwn. IB quote had the indu quote correct all day fwiw. Reuters, cnbc, online quotes were all wrong til 3pm.
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Agreed 100%

There was a time when the DJIA was "frozen" for the longest time at 2:05PM EST at -217 points. Meanwhile, the S&P futures began a precipitous drop ( from the 1422 area ), with the very first plunge being 6 handles in about 5 minutes. This happened again at 2:25PM EST. yet, the DJIA quote was still "stuck".

By the time they could get the DJIA quotes "updated", the S&P cash index was already trading down at 1389.

I don't believe the Hybrid system was at fault here.
The volume was 4 billion on the NYSE, and still takes a "human" element to execute.
 
Quote from traderdragon2:

Ummmmmmmm my 100% automated system made over 4G's today, thank you very much :D
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There were prints all over the place. Like finding money on the ground, again, and again, and again. An automated system would have killed if it was enveloping the inside quote. Check EWH for a good example.
 
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