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kipp440

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kipp440

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Friday, 10/26/2007 5:50:35 PM

Friday, October 26, 2007 5:50:35 PM

Post# of 173804
The New York Stock Exchange said it will no longer impose curbs on computer-program trading that were put in place after the crash of 1987, claiming they're no longer as effective in damping swings in prices.

The exchange will stop prohibiting brokerages from entering some program trades when the NYSE Composite Index rises or falls more than 2 percent, according to a notice sent to member firms today.


What does this mean? Are the big money guys all going short and want to make tons of money on the down side????

Kipp
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