Another 1:30 skyrocket to 9,000?

Discussion in 'Trading' started by MrDODGE, Nov 14, 2008.

  1. PPT using TARP funds to buy futures contracts midday to pump the market?
     
  2. i doubt it. the retail sales number were just horrific. yesterday was a text book example of a bear trapping bulls. i am sure many held overnight because of that reversal candle stick. this is a brutal market and the best traders are getting sacked.
     
  3. I hear you. I just made my way back to breakeven like an hour ago...I am going to take a small position long over the weekend. ES position that is.
     
  4. S2007S

    S2007S

    Worst retail numbers since they started keeping records since the early 1990's.

    I actually thought they were going to be worse, -4%-5%.
     
  5. There's got to be a lot of people who missed out yesterday and are waint for the pullback. A 50% retractment is around 863 and 38% is at 872..
     
  6. Right on schedule, the Dow jumps 100 points. I am not going to be shocked if we close green today.
     
  7. doubt it.


    same trick can't be used twice in a row.

    If I were PPT, I would not do anything today.
     
  8. Just out of curiosity, has anyone noticed that the 'TIME' to go long used to be 2:30pm and now is 1:30pm?

    Daylight savings time anyone? Perhaps the master TARP computer didn't get updated.
     
  9. what's PPT stand for?
     
  10. Not sure we need PPT today. People think the bottom is in.
     
    #10     Nov 14, 2008