This is is pretty interesting considering I also lost over a mil in that few seconds that day too. I was short the emini sp, fed cut rate un announced. I even had stops in place, but I got filled on the high ticks of that spike. I never made it back, I was pretty much fucked. I guess that was a pretty expensive lesson. Stops only work in liquid markets. Aloha, Jason Lundy
There have been a few posts of that intraday charts for that day. They are scary. The fed certainly ended a few careers on that move.
wow, most of these mf are not around anymore. what an easy market it was those days, one could make money 30 minutes after a news announcement. No wonder most of them are dead today.