DOW futures down 800

Discussion in 'Index Futures' started by KCalhoun, Mar 8, 2020.

  1. SunTrader

    SunTrader

    “Was I in here last night and did I spend a $20 bill? Oh, thank goodness... I thought I'd lost it.”
    ― W. C. Fields

    Meanwhile counter trend trading will burn you more often than not.
     
    #141     Mar 9, 2020
  2. KCalhoun

    KCalhoun

    In a speculative mood, I bought a little XOP OXY just now aftermarket in case crude bounces later in week #catchfallingknife
     
    #142     Mar 9, 2020
  3. Turveyd

    Turveyd

    DOW +900 here, CRAZY damn times!!!

    Must of liked the Trumpy all will be great speach or the hope he's got it :)
     
    #143     Mar 9, 2020
  4. SunTrader

    SunTrader

    Panicked weak shorts. It will likely be short lived.
     
    #144     Mar 9, 2020
    murray t turtle likes this.
  5. Turveyd

    Turveyd

    And stupid bulls buying the bottom.

    The News is bad and will only get worse for the time being, news drives the markets, all up moves should be viewed as shorting Op's and only really bad down days for Dead Cat bounces then don't marry them.

    800pts looks so small, nice little move!
     
    #145     Mar 9, 2020
  6. I think you misunderstood me, I was not asking for a trade. It was a general question about the market sentiment from the perspective of an ordinary investor. It is very easy to get caught up in the intricate details of whatever trade you do and forget that the stock market is primarily intended for investing in companies.

    Anyway, I hope nobody would blindly listen to an advice of a stranger on the internet. However, we are here for fun and questions like "for choice, would you be long or short?" make for good entertainment.

    PS. For what it's worth, trading and investing are not mutually exclusive - for example, while I manage a portfolio of derivative strategies for a living, I also have a personal investment account which is completely passive.
     
    #146     Mar 9, 2020
  7. trader99

    trader99

    of course, CL came back a lot after hours after I took a big hit on it and UWT. I got out at 1.47 before it crashed to 1.10. Afterhours, it's now 1.22. It was still the right decision to exit UWT at 1.47. Should have exited at 1.85 when I had the chance.
     
    #147     Mar 9, 2020
    murray t turtle likes this.
  8. %%
    LOL;
    some maybe not a panic seller, but helping specialist /market maker with a a market order/exit/profit LOL. Fair enough =may use limit orders for entry..............................................
     
    #148     Mar 10, 2020
  9. Russia is trying to get back at U.S sanctions imposed on russia's largest gas and oil company back in 2014. They are trying to hurt U.S. shell companies. They will always get the last laugh.
     
    #149     Mar 10, 2020
  10. SunTrader

    SunTrader

    They will, will they.

    BTW it is shale, not shell.
     
    #150     Mar 11, 2020