05/07/2010 白天灌水

smallpanda

期望着bullish Monday啊[img]

Diffusion

大家看看这个

http://money.cnn.com/2010/05/07/ ... he_market/index.htm

NEW YORK (CNN) -- New York Stock Exchange efforts to stabilize Thursday's stock market had the opposite effect, triggering a momentary market collapse.

It wasn't a goof. It wasn't human error. Rather, it was an instant that displayed the hazard of new markets that handle billions of dollars' worth of trades each day.

During yesterday's fast-moving midday market, NYSE specialists -- who oversee trading in individual stocks -- used their authority to call a momentary time out. The idea was to bring together buyers and sellers, and get their prices more in line with each other.

It happened in five Dow stocks, including 3M (MMM, Fortune 500) and Procter & Gamble (PG, Fortune 500), according to the NYSE, and in a good number of the listed stocks. The NYSE did not have a tally of exactly how many.

Years ago, when the NYSE dominated trading, such "time-outs" worked well at stabilizing stock prices.

But today, the NYSE accounts for only about 25% of the volume in its listed stocks. The rest comes from computerized markets run by private companies -- and some of those systems did not take a time out yesterday.

"The rest of the markets are free to trade around us," said NYSE CEO Duncan Neiderauer, "and that's what they did."

So, as the NYSE paused for a minute or two at about 2:40 p.m. ET, the off-exchange computers kept searching to execute trades. They hit the best bids still standing, which in many cases were far below the prior price.

And in some cases, the off-exchange computers found no bids at all. When that happens, market-making computers see a zero bid, then offer a penny higher to capture the trade and collect a commission -- hence the trades of just one cent for several stocks, including Accenture (ACN), Boston Beer (SAM), Exelon (EXC, Fortune 500).

"Computers are looking for the best bids. The real best bids shut themselves down," one trader told CNNMoney.com.

"You had penny prints. The bid was zero. The algorithms were designed to penny the bids," said another trader.

The NYSE argues Thursday's sudden plunge shows its model is best suited to maximize market stability.

"Yesterday's experience clearly demonstrates the value of retaining an element of human judgment in the market," said NYSE spokesperson Ray Pellecchia.

But the role of human judgment has been rapidly diminishing in the securities marketplace, placing individual investors at risk of such an instant market meltdown happening again.

tracy

期望着bullish Monday啊
smallpanda 发表于 2010-5-7 15:01

看来你抄底了噢。

smallpanda

回复 664# tracy


    I wish. 我是被套了不大不小的仓位.

ByStander

大家看看这个



NEW YORK (CNN) -- New York Stock Exchange efforts to stabilize Thursday's stock  ...
Diffusion 发表于 2010-5-7 15:02

这个说法比较可信。可以解释为什么ACN的最低价是1CENT. 阴谋论难以解释。除非ACN过两天破产

bucks

this is the 5th time SPX down 4 days in a row since the bottom in March 2009. All previous 4 times marked a bottom and the mkt started a new round of rally.

Not sure of this time since the sell-off is so severe. If Monday prints another down day, it will be the FIRST time for down 5 days a in a row. The internals or the trend may have changed. Feel like we are coming back to the scary bear mkt.

Either heaven or hell. Be careful of bottom fishing.

helen1

回复 519# CoolMax


    学习了,谢谢.

abaqus

no time to add Water today

Gain & loss are two parts of your trade life. You can't gain on each trade or every day. The important is the gain ratio, or your account needs to keep moving up, slowly or quickly, or whatever.

If it is good trade following your system, your plan, your rules, the loss one is still a good trade. That is my standard.

For DT, if you didn't make money from yesterday and today, you need to rethink about your trade system.  

JM2C.

Happy Weekend Everyone!

Mittens

想到的一个问题，为什么昨天价格大幅震荡的股份都是蓝筹股，都是short interest 很少的，我查了很多short interest 很多的股，幅度都没那么大，要么整件事是个阴谋，市场不会白给你送钱；要么证明空头的存在有益于价格的稳定，希望大大们给点意见。

X!nG

想到的一个问题，为什么昨天价格大幅震荡的股份都是蓝筹股，都是short interest 很少的，我查了很多short i ...
Mittens 发表于 2010-5-7 15:42

我半个月前给别人的回复里提到：

“政治家们认为做空者是市场崩盘的主因，所以想尽办法挤熊杀熊，却不了解做空者在市场下跌过程中提供最重要的缓冲，没有了熊熊的回购买盘，市场一旦开始下跌，会重复87年无数止损被触发而不断下跌的崩盘。”

kckaka

回复 640# 火凤凰


Make sense, thanks

coppereye

good for you
i probably need all my life to get them back
我是谁 发表于 2010-5-7 14:01

    加油！

李隆基

如果你想捞底，就等到盘末或者周一早晨

    2008年10月10日，收盘从底部上来可能500点吧，很多 ...
xiaoyaoxl 发表于 2010-5-7 10:57

JohnHsu

今天没啥新鲜的，大家看看LIBOR，特别是TED就明白了，

亚洲的银行已经停止向欧洲银行拆借美金，

Fed很 ...
X!nG 发表于 2010-5-7 08:17

星老大，
EUR/USD Spot monthly chart looks like a textbook Gartley pattern in formation. The target would be at 1.157-1.059. It's currently at 1.269. This might be an another indication that euro crash is coming. To bring some creditability to this thought, the USD rebound from Dec09 went precisely according to the Gartley pattern formed since 2008. your thoughts?

noname6688

我半个月前给别人的回复里提到：

“政治家们认为做空者是市场崩盘的主因，所以想尽办法挤熊杀熊，却 ...
X!nG 发表于 2010-5-7 15:57

    great