Some of you might have heard about the Dow Jones dropping almost instantaneously over 1000 points (Video). News say that, comparing this to the stock of P&G and the one of the Citigroup, there might have been a mistake of a trader inside the later one. Having a look at the charts, you can see, that the market went back to normal quiet fast.
Well, now everyone is talking about a mistake but just think of this: What if it was not a mistake? Didn’t broker had the opportunity to by P&G stocks in the minutes they where down so much? Who could have gained something out of it?
It is not my intention to start any rumors, but some out out there with deep knowledge about the stock market might still have a look into theses questions.
Btw., sorry about the Bild-like headline.