I think the algo’s kicked in at -1500.
It was back to -900 in 5 minutes.
That’s Whack!
Dont think any of the actual market curbs were ever hit. You might be thinking of automatic orders to buy or sell. These hit some sort of crescendo today. I think they are still trying to figure it out.
I stepped away from my desk for a bit and came back and saw that action. Wow! Right now, Dow futures are down about another 500 points. We’ll see in the morning, but at some point the big money is going to come back and buy on the relatively cheap. In the meantime, I’m staying mostly short, just holding a few long positions (those that held up better than most).