500+ Point Drop By Close

Discussion in 'Trading' started by ByLoSellHi, Mar 14, 2008.

  1. Watch. It's a fait accompli.

    Anyone with a clue drew way down on the 400 point rally this week.
  2. Psst. The dollar is crashing. Fastest I've seen.... ever.
  3. Could happen - I have been shorting rallies with reckless abandon for many weeks now and I still have not seen what I think is a bottm.
  4. Agree
  5. Oh there's been faster days but never in succession.

    Serious stuff.
  6. You shoulda seen 1985 to 87. G5 conspired to hammer dollar. Fell at this speed for 2 years. Was way over valued then however.
  7. So far, not too bad. markets down, but could be worse.
  8. I think we may see some short covering into the close. Who wants to be short if helicopter ben & co. surprise with a rate cut monday am before the market opens?
  9. I was one year old! Less. :D
  10. Do you honestly think a rate cut to ZERO would do any good?

    It will just hammer the dollar into peso territory.

    We'll have stckturdr's 200 oil for sure, then. And a depression.
    #10     Mar 14, 2008