Thursday, May 6, 2010

Someone broke the market lol


  1. all i have to say is this will teach anyone that doesn't have a stop loss on... wow...crazy crazy crazy .. actually glad i was out (yes left big money on the table but i don't like to play when it is that volatile.)


  2. very true. 3rd largest SPX drop in history. I mean 100+ ES points in a single day.

    Just imagine some of the big players who get margin called and had big stops hit on the way down. If there was ever a way to get rid of any long stops ... well this was it.

  3. "The Dow ended down about 350 points, or 3 percent, after being down as much as 998.50 earlier, the Dow's biggest intraday drop on record."