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There was the whole "Gamestock" thing this week too which may have spooked many people. Mr Musk seems to be replacing Donald as the new star Tweeter![URL unfurl="true"]https://www.cnbc.com/2021/01/29/elon-musks-tweets-are-moving-markets.html[/URL]It doesn't worry me too much, but do wonder if the "shorting pirhanas" get bit better each year herding large groups of long investers into the nets, then gorging themselves in a short sharp frenzy of shorting profits from the panic to exit. In the ever continuing arms race and after what we saw in Feb/March last year, their algos and software/hardware don't mess around on the odd strong down days.....
There was the whole "Gamestock" thing this week too which may have spooked many people. Mr Musk seems to be replacing Donald as the new star Tweeter!
[URL unfurl="true"]https://www.cnbc.com/2021/01/29/elon-musks-tweets-are-moving-markets.html[/URL]
It doesn't worry me too much, but do wonder if the "shorting pirhanas" get bit better each year herding large groups of long investers into the nets, then gorging themselves in a short sharp frenzy of shorting profits from the panic to exit. In the ever continuing arms race and after what we saw in Feb/March last year, their algos and software/hardware don't mess around on the odd strong down days.....
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