Black Monday - Asia Markets down 3-5%, futures blood red

Discussion in 'Chit Chat' started by jreynolds212, Jan 21, 2008.

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  1. Arnie

    Arnie

    Wow, I almost carried some NQ long over the W/E. :D

    We need a day where the curbs kick in before all the selling is done, at least for a 2-5 day rally.

    I think some of this selling has less to do with value of stocks than it does with hedgies/funds/etc... selling what they CAN sell, not what they want/need to sell.
     
    #41     Jan 21, 2008
  2. donnap

    donnap

    Yes
     
    #42     Jan 21, 2008
  3. Uncle Ben's copter was seen taking off today.

    Expect landing w/ dollar bags by 8:45am EST
     
    #43     Jan 21, 2008
  4. I can't believe the DAX is getting murdered the way it is..
     
    #44     Jan 21, 2008
  5. enough of the HYPE...where does the SP 500 and DOW go, tomorrow, Tuesday 1/22???...do we see more sell off or HUGE bounce back...and YES...no 'surprise' fed cut coming...Bank of America earnings and these 2 econ announcements tomorrow 1/22/08 could be huge...

    Bank of Canada Announcement
    9:00 ET

    State Street Investor Confidence Index
    10:00 ET
     
    #45     Jan 21, 2008
  6. rdhamija

    rdhamija

    Hi,

    When does YM stop and resume trading today?

    Thanks
     
    #46     Jan 21, 2008
  7. I believe ends 10:30 am CST and open lik 5:30pm CST...but check it out on www.cme.com and BUY at 6PM CST tonight...could be huge...just my thoughts...
     
    #47     Jan 21, 2008
  8. This should be the capitulation all you buyers are waiting for.
    Wonder if we hit 1220 tommorow.
     
    #48     Jan 21, 2008
  9. Div_Arb

    Div_Arb

    Am I seeing these quotes correctly? Good thing I am in cash!

    ATX 3,690.26 -208.02 (5.34%)
    BEL-20 3,522.34 -172.79 (4.68%)
    CAC 40 4,818.49 -273.91 (5.38%)

    DAX 6,801.93 -512.24 (7.00%) - OUCH! ELLIOT!!
    AEX General 427.29 -22.79 (5.06%)
    Swiss Market 7,330.58 -361.40 (4.70%)
    FTSE 100 5,639.30 -262.40 (4.45%) - DANGER WILL ROBINSION!


    :eek:
     
    #49     Jan 21, 2008
  10. rdhamija

    rdhamija

    Thanks... But I couldn't find YM trading hours for today at www.cme.com... Do you have a link?

    Thanks again.
     
    #50     Jan 21, 2008
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