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Official Let's Make Some Money Off Stocks Thread

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Old 05-06-2010, 11:23 AM
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1000 point drop WTF time to assemble the emergency riot kit.
Old 05-06-2010, 12:06 PM
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Crazy stuff, I watched on my Blackberry thinking some thing was wrong with the thing. I had limit buy orders in that I wanted to change but dropped so fast I was unable to.
Old 05-06-2010, 12:15 PM
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Wow today was insane. The question is .... what are you guys shopping for tomorrow morning?
Old 05-06-2010, 12:20 PM
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that 30 minute dip was intense!!

was able to buy a little bit of it but missed aapl at 199!

i'm on one leg nowadays... rough. thank goodness for my day job.
Old 05-06-2010, 12:51 PM
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Originally Posted by trainwreck,May 6 2010, 02:23 PM
1000 point drop WTF time to assemble the emergency riot kit.
That was insane! Now they are saying that it may have been an errant trade that triggered it.

http://finance.yahoo.com/news/Errant-trade...2.html?x=0&.v=1

[QUOTE]...The biggest intraday point drop ever in the Dow Jones Industrial Average
Old 05-06-2010, 01:26 PM
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i couldnt even get yahoo finance or bloomberg to load for an hour. etrade also didnt let me execute a trade for like 20 minutes, it was pissing me off and i lost out

i mean aapl back down to 199?!?!??! thats a no brainer.
Old 05-06-2010, 02:47 PM
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Originally Posted by SSM*03*S2K,May 6 2010, 10:21 AM
...but you are too cheap to buy a s2ki membership?
yeah i do need to buy a membership haha
Old 05-06-2010, 04:37 PM
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The media is pushing off the drop today as an error. You are telling me that Citibank doesn't have controls in place to stop a 16 billion dollar order from being processed? Why hasn't Citibank's stock been impacted by this news? Selling that many contracts would definitely have an impact on their bottom line.

Something seems fishy...
Old 05-06-2010, 05:13 PM
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RIG looks like a good buy tomorrow morning
Old 05-06-2010, 07:22 PM
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I don't buy the fat finger BS. It's the HFT's...

http://www.zerohedge.com/article/day-marke...equency-trading

http://www.cnbc.com/id/15840232?video=1487183693&play=1

http://www.cnbc.com/id/15840232?video=1487130975&play=1


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