whats up with ER2?

Quote from chinook:

Something was wrong with ER2. It went down with a volume of about 1200 and then back up with almost same volume to couple of points of below the previous "normal" level.
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yeah, if you discount the uuuuuuuh-gleeeee down shadow on the 12:30 5-min bar, it just looks like it broke from the 667ish area with nice, neat consecutive descending down bars.

of course, there is that little 13-pt downshadow ... ???
 
Quote from opmtrader:

I was already short. Fired off a buy @ market at huge profit value and couldn't get filled. I saw volume on the ask at a decent spread. First time I've had a position on in such a spike so forgive my inexperience with these things. WTF?
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You didn't get filled on a market order?
 
Yeah, somebody bought a few barrels of oil and the chicken shit daytraders get out of their positions with a loss and go back to their regular job at McD's.

Quote from 5yrtrader:

Oil smart guy
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Quote from 5yrtrader:

You didn't get filled on a market order?
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Nope. I hit transmit and absolutely nothing happened. After it came back up to the 664 area I cancelled my market order as I didn't know what would come next.

Did anyone at IB get filled on this one? I wonder if they block new orders or something in a situation like that as it could lessen their headaches in terms of straightening out busted trades.

That's just conjecture. I'm just telling you what happened on my screens.
 
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