4 ms·
I didn't think you were abtuse enough not to read what I linked to. But then it is hard to get someone to understand something when it's not in their interest t
by msy 16y ago
I didn't think you were abtuse enough not to read what I linked to. But then it is hard to get someone to understand something when it's not in their interest to do so. http://www.nanex.net/20100506/FlashCrashAnalysis_Part4-1.html http://www.nanex.net/20100506/FlashCrashAnalysis_Part4-1.htm...
Detailed analysis of the precise trading events that led to the crash. With data.
- yummyfajitas 16y agoYour first link had graphs from July. Your new link has similar graphs from May 6. Also note that your new link agrees with what I said: "Quote stuffing is also not a rare occurrence and these sequences are seen frequently on a daily basis; they are easy to find once you know what to look for." Compare that to what I said: "That's not to say you couldn't find similar graphs on May 6 - I guarantee that you could. In fact, you can find graphs like this almost every day (pre and post crash) if you look hard enough." I've seen Nanex's graphs. I don't see how they come even remotely close to explaining why crop circles (which occur everyday) caused the flash crash. Again, what is the mechanism? A DOS attack? If so, then how come we don't have a flash crash every day?