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Sep CBOT $5 Dow went to 8474 - could be the same grief (thin book,
large order) that hit Eurex twice last year. CBOT says it will bust
below 9018.
--- In realtraders@xxxxxxxxxxxxxxx, "EarlA" <earl.a@xxxx> wrote:
> Supposedly an order entry error to sell a large number of S&P
futures. Big
> and emini futures both fell like a rock while cash remained almost
10
> handles higher. I had just initiated short position at 992.50 and
could not
> believe my luck as the bottom fell out. 20/20 hindsight says I
should have
> covered for a quick profit, however I consider the market extremely
> vulnerable to downside and want to build a serious short position.
Sell
> stops have been cleared for now, so they may manage a bounce.
>
> Earl
>
> ----- Original Message -----
> From: "H&M Feld" <ariel@xxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, July 03, 2003 9:25 AM
> Subject: [RT] Waterfall
>
>
> Anyone have a clue as to the cause of that spike across the board?
> Harry
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