Thursday, May 6, 2010

Market Update: May 06, 2010

WHAT A MIND BLOWING DAY <--- click here


Yahoo finance market recap <-- click here

While stocks had looked to be headed for something awful, computer programmed trades quickly clicked to buy and drove the Dow back up several hundred points in a matter of minutes. The Dow closed almost 650 points above its session low, but it still lost nearly 350 points on the session. - via ^above


and who said all that computer algorithmic quant trading was so bad...


PS: This is the part where I say "I told you so" +%5 correction achieved! hurrah


Alexander Lê
Managing Partner
Analyze Capital LLC

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