remember this?
THURSDAY, MAY 6, 2010
Whew, I need a smoke...
"The panic in the middle of the day was market makers that just disappeared, and every machine on Wall Street was trying to sell into a market that didn't exist. That was a bizarre electronic quant panic of people selling into a black hole. I don't know if somebody pressed the wrong button, but the intraday was a panic machine-led move," said Peter Bookvar, U.S.
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