While reading an article “Stocks: Time to Slow Things Down?” it occurred to me that I haven’t seen “curbs in” on CNBC in a long time. After a quick search I discovered that the NYSE scrapped curbs back in November 2007 (emphasis is mine): The NYSE formerly implemented a curb on program trading whenever the [...]
Posted by 9 October 2008
October 9, 2008 Stock Market Recap
I don’t even know what to say that I haven’t already said over the last couple of weeks. Like Dr. Brett said last night the “normal historical indicators of market bottoms are broken”. I think Dylan Ratigan had it right tonight on ‘Fast Money’ when he said the market is crashing. Because of the modern [...]
