Detailed text transcripts for TV channel - FOXNEWS - 20100506:19:15:00
Obviously there was program trading activity. i dont want wall street to wonk everybody out but theres computer programs set up that stay when things start to go bad lets sell into that and try to clear the debts as quickly as possible. obviously that happened. the interesting thing is if you think 15 years ago, if we had a move of nearly down a thousand points, we would have stopped trading. i mean, this was fairly remarkable stuff. i have to say ive been doing this close to 20 years. that was ...
Source: news source