9605: HFT Fun & Games? Looks like …

At any rate, the stock market, at the center of today’s economic crisis, closed on the eighth anniversary of 9/11 at nearly the exact same level the Dow Jones industrial average was at the day of that tragedy. Was this an eerie coincidence or some kind of coded Wall Street tribute? – Prison Planet1

Seems more like a mischievous exploit to me.  I’m guessing some young trader cowboy with more HFT horsepower than brains saw that the index was close to that symbolic level and nudged it into position, thereby coding an Easter Egg into the Dow itself. 

You’d know a real hacker by her ability to refrain from doing something brain dead like that.

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[1]: "On anniversary, stock market closes at exact 9/11 level: Eerie coincidence or coded Wall Street tribute?", by Aaron Dykes, Prison Planet, September 12, 2009.

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1 Comment for this entry

  1. dsarault says:

    Even if a “cowboy” could manipulate the number, (highly unlikely, since program trading changes things right up to the closing at 4 PM), the fact that it was that close is amazing.

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