Someone put on a bearish position in the S&P 500 just 10 minutes before the market took a dive Thursday, suggesting the market swoon was less a mistake and more the result of some traders exiting a carry trade, hedging, or outright speculating. In any event, the much discussed "fat fingered" trader might not exist.
Sunday, May 09, 2010
Was The Market Mayhem A Mistake? Maybe Not. « Forbes.com's StreetTalk
Posted by macbeach at 12:54 PM