TXI just exploded to the upside.

Discussion in 'Stocks' started by DrEvil, Dec 1, 2011.

  1. DrEvil

    DrEvil

    Does anyone know what was behind that massive spike in TXI?
     
  2. nitro

    nitro

  3. Demand > Supply

    It wasn't Ben Burnake

    It wasn't the news

    It was partially the bots

    It might have been some algos
     
  4. DrEvil

    DrEvil

    It's on a day like today that I am thankful for such defensive positioning. I generally assume a massive move against me and size up appropriately. More or less escaped at break even on this one when it came back down. Nice.