Flash Crash BS

Remember the flash crash talk of a few weeks back? A great line seen today:

“The so-called flash crash was no anomaly, no fat finger mistake; it was a warning that after more than a year, the bulls had lost control of the market and the bears were taking over.”

True. And so far the price data supports the notion.

Source: Comment from a poster at Ritholtz.com.

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2 thoughts on “Flash Crash BS

  1. Hmmm…really, you believe that it was a simple bears vs. bulls move? Awfully big moves on some BIG cap stocks and investigation has gone very quiet.

    Certainly agree the trend is down and enjoying the ride.

    Jim

  2. yeah the trend is down. i just hope the volatility goes down a bit too. already got stopped out a couple times.

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