Did I miss something? Blood on the street?

Discussion in 'Trading' started by gettinglucky, May 7, 2010.

  1. Did I miss something? Why was there blood on the street on Thursday?
  2. i think the consensus here on ET.. is that

    a. the market was very weak, and a huge seller came in..

    b. the news channels had images of riots on tv

    c. no one was ready to come in an call a pivot or bottom - (no one knew what the hell was going on, WW3 / terrorism)

    d. cascade of stop loss orders

    e. PPT to the rescue before 10% trading halt