yeah it was heavy selling into the close today right around 3:45 EST no buyers in sight. Asia is off about 2.5%. and our futures will most likely go lower toward our open tomorrow. Im guessing down 200 into the open and we'll have heavy selling up until 1 EST tommorrow. buyers will come into market scoop up some deals and then sellers take over into close. prediction market down 3% tomorrow (happy trading)
I'm short 1 lot ES @ 1056.00, OCO, stop @ b/e, target 1046.75. This is one nasty market for the bulls. Good trading to all tomorrow!
Reminds me like the old days when the futures would go -100 or more almost after hours almost every day. Feels alot like stage 2 of the crisis. I don't daytrade anymore but this is nuts.
yes I do and I been to Korea and even had a gun pointed at me (I dont recommend you add that option to your tourist package if you go over and visit) and the post was about the Won falling and my total disgust with America giving the bastard aid which allows him to stay in power and abuse the hell out of the people. Its like welfare. it feels good to do it today but it never ends and the people never improve their lives.
I agree with you, in that if they wanted to solve the problem they would have starved North Korea until there was a civil uprising/military coup. The thing is that South Korea doesn't want to necessarily absorb North Korea. The citizens of North Korea would probably overwhelm all the major cities such as Seoul, and you end up with the same problem West Germany had wth the East Germans. What South Korea wants is to rehabilitate North Korea slowly over time, not win some war, and then deal with the consequences.
I wonder what the dead sailors of the S Korean ship that sunk recently think about the cease fire........ but there is a de facto end of the war. Kinda like with the native American tribes that are still technically at war with the USA I have never been to N Korea but I have thought about it. Not hard to get there. Just go to China and down you go. My thought was that it may be too much like the hotel California. You can check out but you can never leave. Just like many Japanese and others have found out..... All BS aside, how poor do you have to be when you risk your life to cross over to china in hopes of marrying some dirt ass poor Chinese farmer so you can live the "good life"???
- Korean tension (1st time I've ever heard NK ready soldiers for combat) - UK cutting $9 billion from government spending this year, with the promise of deeper cuts to be announced later in the year - Britainâs debt will rise to 77 percent of gross domestic product this year and may approach 100 percent by 2014, according to Standard & Poorâs (when does this happen to U.S. = great front page headline in IBD on May 6th) - Age of Austerity being implemented in Europe - Chinese tightening (Age of Austerity likely hurts their exporters) - BP oil spill still going...(give Kevin Costner a shot) These are trying times...the market didn't do very much after the open...that selloff at the close was something else. I'm looking to be aggressive tomorrow as the VXX will probably be high according to the futures. Good luck.
There are so many factors that are affecting the markets at the present moment. They are as follows: 1 Euro crisis 2. Gulf BP/oil crisis which will effect everyone on this planet. 3. Imminent outbreak of war involving Noth Korea and South Korea which will then drag in the US, China and Japan. 4. Imminent outbreak of war in the Middle East which will involve Israel, Iran, Syria Lebanon, US, Russia, China and the European States. 5. Points 3 and 4 in reality are the outbreak of World War 3 which within days of it breaking out will eventuate into a Nuclear War which will effect the entire planet.