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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Maurice Winn6/17/2010 9:20:54 PM
1 Recommendation  Read Replies (1) of 74559
 
Crashes now guaranteed because liquidity will be reduced because people cannot put buy orders in at lower prices than market prices or the trades will be cancelled. Sellers will think they have sold and avoided further losses but will be disappointed when the trades are cancelled.

As usual, regulators make things worse, not better.

finance.yahoo.com

When a selling panic ensues, buyers will not buy because their trades will be cancelled. But they might not be - depending on the price. I was going to put some buy orders in, but now I'm not going to because if I "bought" stocks, the orders would be cancelled.

Mqurice
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