What the %#*& ?!

Discussion in 'Trading' started by Babak, Jun 5, 2002.

  1. Babak


    What happened just a few minutes ago? There was a massive spike in the Nasdaq, as well as most large cap software MERQ RATL ORCL PSFT SEBL QSFT VRTS.

    Don't tell me Knight had a glitch on the buy side this time?!
  2. Bryan Roberts

    Bryan Roberts Guest

    art cashin said it was probably a rumor.....who knows. sell it!!!!!!!!
  3. lundy


    don't see anything, futures steady
  4. Bryan Roberts

    Bryan Roberts Guest

    now they're saying it is oracle's earnings.
  5. Tony01


    Larry Ellison blessed the quarter. Check out ORCL spike!!
  6. lundy


    on the 1 min chart.... u call that a massive spike?

    that's just every day stuff, happens all the time.

    u should see a 100 point spike... then u should really #%^$$ swear.
  7. no. it was a spike that was big for today's range and it came out of nowhere. I watch the cash...how can the futures have done nothing?

    It was so sudden I thought it might be a bad tick or some other malfuntion.
  8. lundy


    i only watch the 45 minute chart, so I couldn't even tell there was a spike by glancing at it.

    i guess on the 1 min chart it deserves a second glance.
  9. zxcv1fu


    CNBC said it was program buying. I am wondering what is the trigger too.
  10. Mike777


    whatever it was it woke me up.
    #10     Jun 5, 2002