6 ms·
Free markets are not immune to panic.. a few hours break in trading that affects everyone is fair, and allows participants time to analyse whatever news release
by forgotusername 14y ago
Free markets are not immune to panic.. a few hours break in trading that affects everyone is fair, and allows participants time to analyse whatever news release occurred, rather than knee-jerk liquidization of their positions, which they may come to regret after cooling off.
This one was automated AFAIK, since GOOG dropped so hard. See http://en.wikipedia.org/wiki/Trading_curb http://en.wikipedia.org/wiki/Trading_curb