Tuesday, February 6, 2018

Good Day. Falcon Heavy launch successful. Stock Market is up 500 points

All 27 engines worked and worked right.  Booster separation worked.  A Tesla roadster is on its way to Mars.  Both boosters  landed safely at Cape Canaveral.  The main stage was supposed to land on a ship at sea.  Haven't seen the video of that, but it probably worked.  Good job SpaceX.  Take a few Attaboys.
   And the stock market came up 500 points.  It was dicey, lot of up and down movement all day, big moves too, but after yesterday's 1200 point "correction" (we don't dare say crash anymore), it is good to see the market go up instead of down.
   The TV is talking about "program trading".  By which they mean the computers panicked on Friday.  The computers all issued sell orders which drove the Dow Jones down 1200 points, a record one day drop.  Once the market starts down, the computers all have preprogrammed sell orders (sell this and that stock if the Dow drops below whatever).  The computers are quick, and all their sell orders hit the market within milliseconds. 

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