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Flash Crash

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Flash Crash
Refers to the 700 point drop in the Dow Jones Industrial Average that happened in just a few minutes on May 7, 2010.


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The flash crash made retail investors take a step back and say, 'Is this really just a legalized gambling arena?
In fact, many experts believe the flash crash that happened last spring was largely a result of too much volume focused on a few ETFs and the market almost completely fell apart for a few minutes.
com)-- For Merriam-Webster, "paranormal" means "not scientifically explainable" While May 6th Flash Crash might have taken some time to explain, that would not be considered "paranormal"; there's a growing consensus now that a mutual fund complex triggered such a crash in May.
 
 
 
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