Remember, just a few months ago in February, the markets had a severe and sudden plunge. Investors and money managers were too surprised to take any action.
They just sat there looking at their screens in amazement while the indices made severe intraday moves, up and down, as investors tried to determine what was causing the volatility.
On February 2, the computers of the algo-trading firms had taken over, causing moves that made no real sense. The following Monday, February 5, the DJI plunged from a loss of 900 points to a loss of 1600 points in virtually minutes, closing with a