Monday, December 23, 2013
RUT Russell 2000 Small Caps 1-Minute Chart Flash Spike and Flash Crash in 15 Minutes Time
The market erratic behavior continues. The RUT, a major market index, catapults nearly 7% in the opening seconds. 7% in seconds!!! And then collapses about 6% a few minutes later!!! Everyone is drunk on eggnog not paying attention. Traders do not believe there is anything to worry about in the markets. No word yet on the reason for the dramatic event. Perhaps HFT (high-frequency trading) colliding with low volume. Watch your wallet. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.