Friday, March 23, 2012
Apple Flash Crash vs Silver Flash Smash
With all the apparent attention to Apple and the accusations of who was responsible for the demolition over a few minutes, you have to wonder where all this attention is when silver gets demolished over a few minutes on a regular basis. Doesn't anyone care who is behind that?
Remember this chart?
Oh yeah, that was a faulty netdania chart! Faulty until it happened again (and verified) 4 days later.
Obviously this is normal for silver....nothing wrong with the exchanges, algos, or high frequency trading here. Apple is the perfect stock, it deserves to keep going up forever. After all, jobless claims are now below 350,000 and everyone needs an IPAD3.
Posted by BullRun at 3:52 PM