Not impossible, that we end up green, I mean. If you do not believe it is possible, then I do not think you understand very well how the markets work. Namely trap as many people as possible.
thats fine - gonna hook up my dial up modem and vic 20 in my new cave in afghanistan. smoke a few scorpions and bring down the financial system... un fucking real this bullshit
I vote for me... either way... covered shorts and flat... I'm going to go shovel my driveway... And then burn money to stay warm... Mr. BS got it right? Really...? Dow's at 9,000? Woa, I missed that move...
It isn't over yet, all indexes are on their way back up, and nothing dropped cheap enough to buy, even at the worst. Almost everything I was watching is close to the open again right now, or inching up. I think it will still be a down or nearly flat day. The asian markets closed down last nite. What did you buy that did so badly today? Nothing on my screen moved down even $1 and I see several $1+ greens (HD, BA, NMX).
There are 4 hours of trading left markets will probably close almost green based on the strong rebounds off the lows today. these numbers dont mean that much the underlying buying strength is too strong for the markets to sell off like it did back in May.
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looks like they are buying, should be green around 1-2pm, dow off only 38 points from a 100 point drop. Unless this is just a head fake and the dow starts to sell off near 12125 area.
would that be considered a 62% retrace? It looks to be a little more. Take the money and run if you are up on the day!