Monday Update… another Flash Crash?
(or watch video on Youtube here: http://www.youtube.com/watch?v=NE6urtuguUg)
Yes folks we had another flash crash at 4:15pm EST that put the SPY at 106.46… a 12 point drop (about 120 on the SPX)! All orders were canceled and I’m sure it will be blamed on another “fat finger” (how many fat fingers does this guy have anyway?). LOL.
Regardless of the print, Apple sold off about 20 points in afterhours from have a disappointing future