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December 22, 2020 | Silver Miners Looking Strong to Start 2021 Chris Vermeulen Chris Vermeulen has been involved in the markets since 1997 and is the founder of TheTechnicalTraders.com. He is an internationally recognized technical analyst, trader, and author of the book: Technical Trading Mastery. Chris has developed trading strategies that incorporate technical analysis, position-sizing, and risk management to boost performance while reducing portfolio risk. Will Gold benefit if there is panic in the markets? Listen to Podcast:
Too much onus on this algorithmic and program trading. the only real side i saw is when the the dow went down 1,600 flirted by high frequency trading. the rest of the times the moves that some volatile and radical are people selling stock actively, taking profits and guys trying to pick bottoms. technical trading. i don't see this. there are algorithms that run, people try to catch up. time algorithms, volume algorithms and whatnot. the way the market is trading like this with huge swoops up and down, i believe this is real people buying and selling stocks. >> neil: i hope you're right, peter....
There are numerous investigations, we don't know yet. once that happens, the technical trading took over and computers took over and selling happened. you had a huge decline here that was ferocious, -- >> it was described as violence on the dow. it is scary to know if it is a key stroke error or whatever it could have been that would have that impact that they were not able to control of after that. >> here's the thing, we don't know what the error was. you have all of these people speculating, it looks to me somebody just -- >> the way some people have theoryized it happened, somebody meant t...