This audio is like being in the pit during this 20 minute flash crash. You will hear 20 minutes of contagion of panic and emotion. This is chilling.
TOS provided squawk box back then and I heard the entire squawk through the flash crash. It was surreal to see the charts freeze up everywhere but you can clearly hear the guy screaming like hell as if there's no tomorrow.
I was also watching CNBC when it happened and remember Erin Burnett freaking out but Cramer was acting all coy like "no big deal,happens all the time". Uh,no Jim,the Dow doesn't drop 1000 pts in 20 minutes "all the time".
LOL I remember that as well. I think Comcast fell to like pennies and Cramer is like "ah, no big deal, just buy it" and before you know it, the stock shot right back up. The thing is, all my platforms froze up at the time and there was nothing i could do.
Please also show 20 mins of extreme jubilant and elation. When investors suffer deep depression, some traders laugh non stop all the way to the bank
Jim is supposed to stay calm and professional. Imagine if he runs out screaming, "I have to sell all my holdings!"
No one would sell knowing a guaranteed V will occur. It couldn't happen again. The dip would be bought so fast.