SUBSIM Radio Room Forums - View Single Post - How can one bad trade send stocks falling off a cliff?

CaptainHaplo · 05-06-10, 10:15 PM

Two theories as to what happened - someone used B for Billion instead of M for Million on a sell order - or its fallout from greece.

There may have been a screwed up trade - but the market is going to get hammered by greece - and the shockwaves (which may be many euro nations defaulting) regardless.

If your in the market - get out... get out NOW!

05-06-10, 10:15 PM	#5
CaptainHaplo Silent Hunter Join Date: Apr 2007 Posts: 4,404 Downloads: 29 Uploads: 0	Two theories as to what happened - someone used B for Billion instead of M for Million on a sell order - or its fallout from greece. There may have been a screwed up trade - but the market is going to get hammered by greece - and the shockwaves (which may be many euro nations defaulting) regardless. If your in the market - get out... get out NOW! __________________ Good Hunting! Captain Haplo