Wednesday, 2 March 2011
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Cocoa flash crash, Rule 201 and the Bernank
The market sure did have a change of character yesterday.� The "First day of the month, up 1%" crowd got a taste of what it has been like to be a bear since the famous Bernanke Jackson Hole speech in late August.� Between cocoa flash crashing and falling more than 10% in less than a minute and the constant stream of Rule 201 short sale activations, yesterday was certainly a change of pace from
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