April 19th, 2002, 2:00 pm
no comments about confidence or anything fancy .. i'm a phone clerk for a trader and sometimes i execute orders to brokers in the financial rooms at CBOT. when yesterday's crash occured, the markets just went crazy. i was told the boards at CBOT had a disclaimer that prices on the board is informational only and does not reflect current market conditions. traders generally have a higher sensitivity to event risk right now .. and if they're short something .. and crash/bombs/whatever occurs, they instinctively cover their shorts, no matter what price exactly. that's all i know ..