THE FLASH CRASH VIDEO |
S+P Special Update AlertCategory: News
The S&P's sharp sell-off on the evening of the 6th May was at the time, attributed to a large sell order that was mistakenly executed in 'Procter & Gamble' that sent the share price tumbling from about 61.00 to a low of 39.37 before staging a recovery. Meanwhile, news-wire services were broadcasting the worsening crisis in Greece with televised pictures of street rioting in the capital, Athens. Whatever triggered the actual sell-off may never be known, but despite this frantic and volatile action with the S&P falling over 111 points in a matter of minutes to a low at 1065.79, the existence of Elliott Wave patterns were visibly evident. Related Articles |
