it’s something to ponder. the May flash crash was a great example in macro scale IMHO. what does an algorithm do if the bid/ask jumps more than say a standard range of 3%? for that matter, what does a human do if major unexpected price change occurs? first they look for news, (exogenus) event something outside of their radar, yes?
That was EXACTLY what I had been thinking, but was wondering why they would play out for just a split second? Or maybe these are put out there because the quants will read them as support/resistance?
Why buy 1? Trade cost is gonna be more than 10%? Or free trades?
yeah – 1 SPY (not calls, SPY ETF)
LOL.
Hey, why the frown? I thought u are long atm?
BULL, BULL, BULL mother f bull (trend day)
🙁
Lookin like we’ll close ABOVE the highs of day….
it’s something to ponder. the May flash crash was a great example in macro scale IMHO. what does an algorithm do if the bid/ask jumps more than say a standard range of 3%? for that matter, what does a human do if major unexpected price change occurs? first they look for news, (exogenus) event something outside of their radar, yes?
That was EXACTLY what I had been thinking, but was wondering why they would play out for just a split second? Or maybe these are put out there because the quants will read them as support/resistance?
Yeah, yeah,..talk about ending QE2 early…please! (Fed minutes on CNBS).
So Bank of America funded this movie? 3/11 lol
strength in numbers… or ba-bhaaaaaa (sheep)
hehe.