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Yesterday's late rally was due to typo error?

Started by traderpaul , Aug 03 2007 08:36 AM

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6 replies to this topic

#1 traderpaul

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Posted 03 August 2007 - 08:36 AM

link to article

"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

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#2 BigBadBear

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Posted 03 August 2007 - 08:42 AM

thanks for the info

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#3 Mtrader

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Posted 03 August 2007 - 08:47 AM

yah right.

You are on your own. This is for demonstration only.
JV

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#4 Venatici

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Posted 03 August 2007 - 08:56 AM

link to article

Hi,

Thanks for the link. There have been all sorts of rumours on that 250 point climb (in 30m). I got burnt (badly) on that one. Although other aggressive (up or down) movements happened before, this one strike me because it went straight from the days lows to the days high... anyway I digress... Just wanted to add another link...
http://www.tradertom.com/analysis.htm so it is already urban myth stuff...
Good trading
P.S. - any comments on non farm payrolls?

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#5 redfoliage2

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Posted 03 August 2007 - 10:34 AM

link to article

Hi,

Thanks for the link. There have been all sorts of rumours on that 250 point climb (in 30m). I got burnt (badly) on that one. Although other aggressive (up or down) movements happened before, this one strike me because it went straight from the days lows to the days high... anyway I digress... Just wanted to add another link...
http://www.tradertom.com/analysis.htm so it is already urban myth stuff...
Good trading
P.S. - any comments on non farm payrolls?

Will someone push the "wrong button" again today in the late afternoon? :lol:

Edited by redfoliage2, 03 August 2007 - 10:35 AM.

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#6 Rogerdodger

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Posted 03 August 2007 - 10:38 AM

I think Cramer said it was a "button problem" in late Feb's selling. :blink:

Can't anybody accurately type anymore? :lol:

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.