2:04 what happened??

whats going on? why are the futures tanking?

-MIKE

 

oops sorry.. meant to sell 50 000 not 500 000

:eek:

 

Probably the issuance of the NRSE report that holiday sales were down 11% from last year.

--Db

 

i thought everyone knew the season was a bad one...there were headlines to that effect this am.

but...I do see retailers leading the way down...

 

I think they call it program trading!!!!


Bert

 

I thought it was just technical, but guess the news is helpful sometimes. No movement for an hour and then a pick-up in selling. Easy money.

 

True. But the NRSE presented further evidence of a decline, perhaps more than expected. Thus no reason to support prices, much less to buy. Just common sense.

--Db

 

I do not think it was RLX.X that led the way. IMHO, it was MSH.X and SOX.X that _lead_

nitro

 

http://perso.wanadoo.fr/harrytrader/market/dji/yesterday/cours_Plan_SPOT1h.swf

We have made the theorical target of 8568 (in real 8565) we didn't made yesterday so today dj retraced in price and time only 3 point below this level.