kasey_junk

http://www.reddit.com/user/kasey_junk

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kasey_junk8 karma

The May 6th Flash Crash seems to be a major point of concern for the "average investor". But given that it corrected itself so quickly, weren't the only one's hurt in this those who did not have long term positions (ie the HFT/Day traders)?

When people say that crashes like this make the public lose trust in the markets, isn't that just as much an indictment of financial reporting than of HFT trading strategies?

kasey_junk6 karma

If many HFT firms made a large amount of money, isn't it true that many lost?

Also, this doesn't get to my major question. How does a flash crash that self corrects quickly hurt the "average investor" by which I assume you mean long term investors.