Such a centralized planning wouldn't be such a bad idea were we trading at the top of the range. But to see Uncle Sam meddling everytime the market is or about to hit a new bottom is VERY troubling.
As the guy before you have already alluded to, the term "car" was first used in the grain pit in the early part of last century. Things have changed quite dramatically over the years. Thank you very much!
Yeah, I thought so. But back to the subject of "car", I never suggested that it wasn't a valid term, only that it's an outdated word that you wouldn't normally hear down at the CME Spooz pit. Heck, I don't think that outworn term is used even down in the grain pit anymore!
B1S2 - your view in the past has had you exiting longs over the weekend but holding shorts (at least when trading ES). Has last nights gap (and also 3/24 on BSC bailout) changed your view? Curious. TIA Jagmot