Detailed text transcripts for TV channel - FOXNEWS - 20100506:19:15:00
Obviously there was program trading activity. i don't want wall street to wonk everybody out but there's computer programs set up that stay when things start to go bad let's 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 i've been doing this close to 20 years. that was the most remarkable like 15 minutes of trading that -- i couldn't believe my eyes and i kept loo...
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