cool deal, tell ya what i got...
well, lemme first say, i talked to greenie last nite, we talked charts and we came to the conclusion the only thing that would save us from a crash was a rate cut. i saw it in the chart, he saw it too ;)
what i got...messages like, inca is no longer accepting orders, we cannot be responsible for cancels, fills, reporting back til orderflow can be handled...then i got...inca is deleting all trades previously entered and will not be accessible until systems can function properly...was quite exciting to WATCH, oh boy! and that was my good online broker, lol. think i would have been more pissed to see an order go thru move 20pct like everything basically did, and then get notice my order was cancelled cuz it couldn't be processed...next message was, if you would like to place an order, please contact the trading desk...like they would have been able to handle it, lol...
then the first thing that popped into my head was the datek commercial where all them people are banging on the glass above the floor, lol. another leveling the playing field fallacy. if there's ever an argument for a regulations lawsuit, today was that type of day. bottom line is online brokers are still uncapable of handling heavy volume. thats a scary thought when it comes right down to it. i would love to see the sec actually take their regulations seriously in this matter.
i did ok for trading around the edges
milesov |
