Flash Crash!!! P&G/Dow Meltdown -- Dow Jones Falls Almost 1000 points!

[blkhat117]

Error my ass now thats a flash crash. lol

[sneakyville]

the machines have taken over. haven't you people seen Terminator? this is just the beginning of the end.....

[ruffbizness]

@sneakyville true dat

[LondonCrusader]

Trading error?

Err...you've fallen for the lies too I see.

-

It was simply a case of NO BIDDERS.

No bidders = 0 price.

[rowestocktrader]

There was no glitch, none of the systems failed. The press have warped this. The market fell because people and computers were selling. Has anyone heard of limit down in the futures? They never kicked in. Do circuit breakers come in on the NYSE after 14.30? No they don't. This goes to show that measures are NOT in place at the exchanges to stop this in the future. The design of the system will lead to its collapse. Mark my words

[DoradoEu]

there is no error here, massive selling followed by a market buy order.

[HudsonSterling]

We're all hanging by a thread. It's called the Internet. The brightest minds took the fastest shortcuts. BRILLIANT, as usual. See you in the jungle all.

[blaziermissy]

@HudsonSterling The internet is causing you to hang by a thread?

lol........uh no. It's called putting value to paper and blind allegiance to authority....that's hanging by a thread.

[GS300pusha]

makes me think of the FCOJ pit scene in "trading places' lol!!! SELL, SELL, SELL... - buy 'em back

[iownbitcheshoe]

the whole market is pretty much screwed right now imo.