Thursday, May 20, 2010

Flash Crash

Yes, The Pundits have coined a name for the 1000 point market crash two weeks ago, "Flash Crash". Yes it occurred in a "flash" and that's what really concerns me most. We've heard many explanations for it, but no one seems concerned that the market can change so abruptly without any warning.

This geologist is noting the event as a "tremor" with the major quake still upon us. What really is shocking is that stock trades that occurred during the "flash" have been cancelled. Is this really a free open market or is it controlled by "handlers"? You probably know what I think. Stay tuned!

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