Comments on: Bad Data on the Dow? http://tradermike.net/2007/02/bad_data_on_the_dow/ Stock market commentary & trading ideas. Stock market weblog (blog), swing trading, day trading, stock picks, technical analysis, stock charts, stocks. Sun, 12 Oct 2008 05:39:08 +0000 http://wordpress.org/?v=2.6.2 By: TexasXtreme » DOW Drops 400+ http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6565 TexasXtreme » DOW Drops 400+ Wed, 28 Feb 2007 11:29:26 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6565 [...] over at TraderMike’s place, he has an article about how NYSE data had some problems throughout the day which possibly contributed to such a large [...] [...] over at TraderMike’s place, he has an article about how NYSE data had some problems throughout the day which possibly contributed to such a large [...]

]]> By: Gary http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6564 Gary Wed, 28 Feb 2007 08:40:00 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6564 Traders who trade on NYSE should be spanked naked -- 50 lashes each---no need to :(( today when you see the inefficiency of NYSE when if you have traded for any time, you've seen their inefficiencies day in and day out. Orders got stuck they say with floor traders and then some were jammed and not going thru--WTF kind of crap is that. THis is seriously making excuses for Iraq war look like child s play. Bring on total electronic trading on NYSE. And make sure the bigwigs dont get their accounts cleaned out before the drop. Traders who trade on NYSE should be spanked naked — 50 lashes each—no need to :(( today when you see the inefficiency of NYSE when if you have traded for any time, you’ve seen their inefficiencies day in and day out. Orders got stuck they say with floor traders and then some were jammed and not going thru–WTF kind of crap is that. THis is seriously making excuses for Iraq war look like child s play.

Bring on total electronic trading on NYSE. And make sure the bigwigs dont get their accounts cleaned out before the drop.

]]> By: StockRake http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6563 StockRake Wed, 28 Feb 2007 05:25:40 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6563 It doesn't matter what caused it. Someone / Some People with big money got out on that bar all at once while the DOW was already down 300. It doesn’t matter what caused it. Someone / Some People with big money got out on that bar all at once while the DOW was already down 300.

]]> By: Michael http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6562 Michael Wed, 28 Feb 2007 04:09:47 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6562 BeDaBull, I hear ya but the synchronous drop *could* be explained by all the automated program trading. Who knows what data was being sent to all those programs during those minutes. That drop in the Dow could have triggered selling in other instruments which then triggered other people's stops, which... I doubt they'll ever reveal what really went down today. BeDaBull,

I hear ya but the synchronous drop *could* be explained by all the automated program trading. Who knows what data was being sent to all those programs during those minutes. That drop in the Dow could have triggered selling in other instruments which then triggered other people’s stops, which…

I doubt they’ll ever reveal what really went down today.

]]> By: bedabull http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6561 bedabull Wed, 28 Feb 2007 03:54:55 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6561 I dont buy it, overlay the naz, dow and s&p500 on a chart. they pretty much moved in tandom on the steep drop. Its not like the sudden drop in the dow caused the naz and s&p 500 to follow. It looks like the dow was held up on purpose so the specialists could hedge thier positions. Then you couldnt get any orders filled until it bounced back up a little. Give me a break! The fix was in. I dont buy it, overlay the naz, dow and s&p500 on a chart. they pretty much moved in tandom on the steep drop. Its not like the sudden drop in the dow caused the naz and s&p 500 to follow.
It looks like the dow was held up on purpose so the specialists could hedge thier positions. Then you couldnt get any orders filled until it bounced back up a little. Give me a break! The fix was in.

]]> By: uglychart.com » Blog Archive » Today’s plunge on CNBC http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6558 uglychart.com » Blog Archive » Today’s plunge on CNBC Wed, 28 Feb 2007 02:51:26 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6558 [...] is CNBC’s live coverage of the “air pocket” that tradermike posted about today. Via [...] [...] is CNBC’s live coverage of the “air pocket” that tradermike posted about today. Via [...]

]]> By: Michael http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6554 Michael Wed, 28 Feb 2007 00:15:17 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6554 Maybe the Nasdaq should take over trading for the NYSE :d Maybe the Nasdaq should take over trading for the NYSE :d

]]> By: tonyt http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6553 tonyt Wed, 28 Feb 2007 00:12:36 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6553 NYSE Hybrid was shown to be absolute GARBAGE!!!! Bring back the specialists!!!!& short NYX on any bounce. NYSE Hybrid was shown to be absolute GARBAGE!!!! Bring back the specialists!!!!& short NYX on any bounce.

]]> By: Ugly http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6550 Ugly Tue, 27 Feb 2007 23:18:04 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6550 booing! wow, I can't believe this - crazy day. booing!
wow, I can’t believe this - crazy day.

]]> By: What a Day! on InvestorGeeks http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6548 What a Day! on InvestorGeeks Tue, 27 Feb 2007 22:18:01 +0000 http://tradermike.net/2007/02/bad_data_on_the_dow/#comment-6548 [...] Was there some kind of technical glitch? [...] [...] Was there some kind of technical glitch? [...]

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