Re: Swiftness of Dow drop due to computers

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On Sunday 04 March 2007, jim tate wrote:
>Checking http://netcraft.com it was either a Solaris or $Windows
>2000,2003 computer caused the big drop in stock market last week. click
>below.
>
Interesting way to promote the 'netcraft toolbar', which of course is a 
window$ only product.

>http://news.yahoo.com/s/ap/20070228/ap_on_bi_ge/wall_street_what_happene
>d

A temporary trading hold for at least 10 seconds have occurred anytime the 
system knew it was more than 10 seconds behind.  Their job as I see it, 
is to show the traders the realtime status, and if it cannot do it, stop 
trading until the machinery is caught up and displaying current stats.  
To do otherwise is playing upon the kindness in the hearts of the traders 
who are being caught out by stale data.

-- 
Cheers, Gene
"There are four boxes to be used in defense of liberty:
 soap, ballot, jury, and ammo. Please use in that order."
-Ed Howdershelt (Author)
Yahoo.com and AOL/TW attorneys please note, additions to the above
message by Gene Heskett are:
Copyright 2007 by Maurice Eugene Heskett, all rights reserved.

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