12-27-2018, 06:13 AM
Yes it was. I was wondering when we might have a 1000 point day, but UP wouldn't have been my guess. My prediction for 2019 is a new record for 500pt intra-day swings. I'm afraid the algo moves are here to stay unless the SEC tightens up the trading curbs. I guess I can't blame the traders for doing it. The daily news noise is there to feed it most every day. Some of these large caps could be scalped for a couple points 10 times a week.