Market just dumped about a 100 points and then came back up.
Apparently an AP (Associated Press) reporter’s twitter handle was hacked and a tweet was sent out claiming there were two explosions at the white house and the Prez was injured.
White House has said it is bogus.
Feel bad for all those people that got stopped out on the way down.
Re: Just had a mini flash crash
When you say the Market do you mean the DOW OR S&P.
Anyway, those who put stop loss orders are using a pretty poor strategy, IMO. If one does one's homework, one stays away from overvalued stocks. So if fairly valued stocks drop, either one stays pat or picks up more.
These technical analysts have come up with such useless strategies.
Re: Just had a mini flash crash
Those who placed limit buy orders probably got lucky picking up good stocks wat say 10% discount.
Re: Just had a mini flash crash
Rachel marrow show- it was the DJIA. The sedge market. As opposed to S&P500 which is more of a proxy for the market.
DJIA down 100 pts = down 0.7%. Micro-mini flash crash.
Re: Just had a mini flash crash
<3 NFLX and ARMH <3
Re: Just had a mini flash crash
^ I recall your prescient call on ARMH about 8-10 months ago. I assume you made a killing in both these stocks?
Re: Just had a mini flash crash
i have been holding both for a couple of yrs now. not big positions though. they has made me happy in general, and were up double digits today. (my big positions on the other hand.......... :\ )
Re: Just had a mini flash crash
Got to check up on what :\ means.