It's been over a year now since we've witnessed the so-called flash crash. On May 6th, 2010, within minutes the markets dropped several percent, then bounced and recovered a large part of the losses. To relive those exciting moments, here are some video clips. If you know of any other clip that should be here, please send me an email. This post with video clips is mostly fun, but it's also showing us panic, anxiety, greed, and fear. Besides crash flash videos, there are some other clips that show the emotions that sometimes come with trading.
The first video shows a live chart and audio from someone calling price levels. I don't know how things work over there, but how does this man still have a job in the era of electronic trading? Let's just assume that I don't know what I'm talking about ;-) Anyway, just imagine this man coming home later that day and his wife asking "How was work today?"
This next video starts out really quiet but then takes off. A rather friendly voice turns into sort of devilish low grunting voice.
FOX has almost the same footage with the Greece riots.
There's always a very logical explanation for market movement and how we all could have seen this thing coming from miles away. This is not from May 6th, but a few days later when the markets were still digesting the flash crash.
A not-so-happy trader.
And another one.
Last but not least, one that has nothing to do with the flash crash, but it just is the classic of all classics. Jim Cramer is going nuts about the FED and Ben Bernanke. This clip is from the time when the financial crisis took off. "They're nuts, they know nothing!" "No, we HAVE armageddon!" "He has no idea, NO IDEA, NONE!". Poetic, all great quotes, actually every sentence in this clip is :-)