The May 6, 2010 Flash Crash[1] also known as The Crash of 2:45, the 2010 Flash Crash or just simply, the Flash Crash, was a United States stock market crash on Thursday May 6, 2010 in which the Dow Jones Industrial Average plunged about 1000 points—or about nine percent—only to recover those losses within minutes. It was the second largest point swing, 1,010.14 points, and the biggest one-day point decline, 998.5 points, on an intraday basis in Dow Jones Industrial Average history.[
ONLY TOOK 7 MINUTES!!!!!!!!!!!
Gumpies had all kinds of excuses, as to what happen, and reversed/canceled a lot of trades, so their elite didnt suffer HUGE losses, The next one, there will be no excuses as to why NO trades will be cancels or reversed. The losses will be huge and permanent. MARK THIS POST, put it on your calendar, LOL weeeeeeeeeeeeee
The joint report "portrayed a market so fragmented and fragile that a single large trade could send stocks into a sudden spiral,"[9] and detailed how a large mutual fund firm selling an unusually large number of E-Mini S&P 500 contracts first exhausted available buyers, and then how high-frequency traders (HFT) started aggressively selling, accelerating the effect of the mutual fund's selling and contributing to the sharp price declines that day
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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