LOL! I was just watching the starting scenes of "A Good Year"!!! Played just like today!
There was a correction and crash today, as well as a 2-month rally. Now it's time to get in on the 5-month rally... coming in minutes!
500x as fast.
I'd like to amend my statement. If Goldman, etc. got robbed, I have no doubt there will be cancellations.
It's all-around great. Too many small retail guys were making money in China. We needed parity with the non-existent retail in the US, and now we have it, in the blink of an eye.
I don't know. My take is that all this money sloshing around high-frequency trading algorithms is causing all this volatility... look at the Netflix and Google charts. The pricing is completely irrational on these stocks... how does Google go up 50% on basically nothing in weeks? Biotechs down 30% on nothing? It's madness.