Discussion in 'Trading' started by sammybea, Jan 13, 2006.
at 12:45ish.. Market tanked.
I put a market order to sell some stuff. Sorry.
It was a "noon balloon". The market should retrace it all back. We'll see!
Sell program hit. Looks like it was a smaller firm because of the relatively low volume.
That's two big selldowns in 2 consecutive days...hmmmm
Have any bears been spotting peeking from behind the elms?? Are they just out of sight, hiding in the mist?
low volume, pre holiday market...easy for a buy/sell program to move the market. All systems are normal.
3 handles is tanked?
In 15 minutes the ES dropped 4.75 pts, taking out today's low and the low of the week. So while that wasn't FOMC surprise announcement type tankage, it was a pretty fast (and unexpected) move down. And it all happened during lunch.
With these ranges and the snail like pace of any downside movement, I can see why people said "tanked".
Just freaking amazing...
what passes for a "tank", market is "selling hard"or the ever popular.. "what the heck happned" ???
thread these days
11,000+ ES traded in the space of a minute at 1:55 p.m. News? Fat finger trade? What?
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