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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (22258)11/29/2000 5:36:02 PM
From: SpinCity1  Respond to of 24256
 
anytime you see what you saw this afternoon you can bet it is a system failure. The ask quotes failed. Which lead to panic selling. There is your panic.



To: Smart_Money who wrote (22258)11/30/2000 6:46:00 AM
From: SirRealist  Read Replies (1) | Respond to of 24256
 
That routing system failure is what hurt me at the close. My screens didn't move around 3:52 for a few minutes, so could not sell what I could not see.

Today, I bet more trading screens fail. Either legitimate thievery or the failure of technology. If it's the latter, is it any wonder that technology is being revalued?

BTW, forget about using that PE 30 benchmark anymore...