SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (246850)5/6/2010 6:02:24 PM
From: ajtj99Read Replies (4) | Respond to of 306849
 
The -1875 tick we saw on the NYSE today was the most extreme tick since the -1888 on 10-31-1998.

The tick went almost two hours this afternoon without a positive tick (1:06PM to 2:58PM). I can't recall seeing that before.

The stick save was very much April 4, 2000'ish. Watch that pattern.

MMMM went from $69.31 to $90 in 7-minutes this afternoon, a move of epic proportions for a mega-cap Dow stock.

AAPL was down over 15% at one point from the intra-day highs, testing the $220 shelf in the process.

Oh, the NYA low was 6666, and the NYA and SPX tested their February lows. Many other issues or indices took out the Feb lows intra-day.

FWIW, the volatility we saw today at the lows reminded me of the morning of Sept. 17, 2001, the first day of trading after 9-11-2001.

Many stocks I watch had bid/ask spreads of 1% at the lows today. It was that wacky.

I think a lot of the spikes up after the lows were market orders getting filled late.