Wow! I just updated my electronic portfolio and...

[Bob Of Burleson]

...its value increased tenfold. Y'think I might have made a typo?

[GFB]

...its value increased tenfold. Y'think I might have made a typo?

Do you have fat fingers?

[Bob Of Burleson]

Do you have fat fingers?

No, I have nothing similar to your head.

(See, I can throw insults, too. )

[GFB]

Do you have fat fingers?

No, I have nothing similar to your head.

(See, I can throw insults, too. )

Insult?

I guess you never heard the explanation we were given for what is now known as the "flash crash."

[GFB]

The May 6, 2010 Flash Crash[1] also known as The Crash of 2:45, the 2010 Flash Crash, or simply the Flash Crash, was a United States stock market crash on Thursday May 6, 2010 in which the Dow Jones Industrial Average plunged about 1000 points (about 9%) only to recover those losses within minutes.[2] It was the second largest point swing, 1,010.14 points, and the biggest one-day point decline, 998.5 points, on an intraday basis in Dow Jones Industrial Average history.[3][4][5]



Early theories



1.The fat-finger theory: In the immediate aftermath of the plunge, several reports indicated that the event may have been triggered by a fat-finger trade, an inadvertent large "sell order" for Procter & Gamble stock, inciting massive algorithmic trading orders to dump the stock; however, this theory was quickly disproved after it was determined that Procter and Gamble's decline occurred after a significant decline in the E-mini S&P 500 Futures contracts.[23][24][25] The "fat-finger trade" hypothesis was also disproved when it was determined that existing CME Group and ICE safeguards would have prevented such an error.[26]

[Bob Of Burleson]

Interesting.