May 6th 2010 Stock Market Flash Crash Part 5

[AlbertInSanAntonio]

jim i dose get to this fundamental question is there something wrong with Europe, no no. ..

[nowzadick]

Some people just want to watch the whole world burn 1:50

[Zoomer30]

Some people crapped themselves.

[AlbertInSanAntonio]

some ppl just got extremely rich in a few minuets 

[nowzadick]

@AlbertInSanAntonio how? its a bear market, stocks values go down

[EMPIRE0FLIES]

Prior to the 29 crash, this is exactly what happened.

[TheCIAsucks]

Cramer said I'd buy 50,000 shares of PG right now, and the "flash crash" began to end. ... That's odd.

[2009NFLfan]

@TheCIAsucks LOL. I recently blocked the niagra falls with my pinky finger.

[drkutubedrk]

investigate the cmkx story

[kevinusma]

Kramer revealed how much money he is used to dealing with (50,000 shares at $49.25) = $25 mil

[pianowitz]

I like how instead of taking about whats really happening they talk over each other and argue lol

[8ooO0Ooo8]

Scott Wapner: Everyone here at the exchange is panicking!!!

*Floor traders calmly walking behind him*

[trytohealwow]

PG somebody just made money :D

[davidlee110]

Oil is down $5+ a barrel.

LOL love it.

too bad it got mostly got fixed but if this happened at 3:55PM then it be no recover because trading is over at 4PM.

[johnnycabot]

It's not even gambling at this point. It's a rigged game. Period. Fifteen years ago was probably a different story - there was some sort of actual price discovery and/or balance of supply and demand. That has not been the case for at least the last couple of years. Sure, if you get in and out at the rights time(s), there is money to be made, but at this stage, it is basically musical chairs with the majority of the players being the same people who decide when the music stops.

Good luck.

[chocolate1617]

incredible day

[flhtcui2]

It Was Awesome....all my option longs went to zero....my screen was totally Red....I sat back Feet on desk . Didnt seem real.....didnt sell....and survived to play another day... What an experience

[CMac1980z]

HFT

[afr6262]

I know ppl who made over a million that day. It was RIDICULOUS. Guys on my desk were SCREAMING BUY BUY BUY then.. GET UP GET UP GETUP GET THE FUCK UPPPPP!!!!!!!!!!! IT WAS AWESOME!!!!!!

[tigerlee1106]

@7:30 a voice down 900! 

[davidlee110]

OMFG!!! CBOE VOLATILITY! 

[primeminister78]

lmfao erin is so cute when she's pointing out pg

[pon5555]

LOL! rick swearing and getting censored at 5:49 hahahaha

[JBSchmoov]

cramer is a myopic tool. the plunge protection team stepped in at around 9:00 of the vid.

[bi0dude42O]

i was watching live and loving every minute.

[fasteddie847]

This was a beautiful day. I watched il ive and it was awesome. I wanted the market to go down 2,000 points and stay there. I was so pissed when the market rebounded to only a few hundred down

[MrMikewii]

haha Rick said a bad word