45 point drop than a recovery

Discussion in 'Trading' started by S2007S, Dec 29, 2006.

  1. S2007S

    S2007S

    anyone know why the dow dropped so hard in 3 minutes only to recover to down 14
     
  2. Anyone on the floor on in a trading room is partying right now... Could be a fat finger or someone taking advantage of everyone elses lack of judgement.....
     
  3. S2007S

    S2007S


    very true,
     
  4. Trading the ES and watch the premium levels. Around that time alot of program sell triggers went off.
     
  5. Mvic

    Mvic

    That was no fat finger, that was someone trying to keep this thing from melting before the year is out. Someone is going to be very wrong next week.
     
  6. No volume, no size between bid/asks that allow a small amount of volume from a typical 3:20PM "program" trade to push the market around big time.

    No big deal.
     
  7. Mvic

    Mvic

    Rubbish, today saw some of the biggest bids on the SPY in a long time. Overall volume may have been low but when it was needed it was significant.