400 pts up YM Last Hr

Discussion in 'Trading' started by rcj, Oct 4, 2011.

  1. rcj

    rcj

    Not too bad. down up down up....
     
  2. really? thanks for the heads up, who could have guessed
     
  3. rcj

    rcj

    Its a Circus...

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3319535>
     
  4. rcj

    rcj

    some didnt guess... :p
     
  5. Lucrum

    Lucrum

    He didn't :)
     
  6. Here's an amusing article about Tuesday's surge:

    The late-day "melt-up" that pushed the S&P 500 index .SPX out of bear-market territory might be construed as good news. But it brings back echoes of the "flash crash" that saw markets dive by several hundred points in a matter of minutes, and it's a big reason many are staying away from the market.

    "Everyone is scared in both ways -- the shorts are scared, the longs are scared, everyone is scared. The high-net-worth investor is very, very scared," said Stephen Solaka, managing partner at Belmont Capital Group in Los Angeles, which manages money for independent wealth advisers and family offices.


    http://www.reuters.com/article/2011/10/05/us-usa-markets-volatility-idUSTRE7945WA20111005