Game plan?

Discussion in 'Trading' started by bostonsoxfan, Oct 24, 2008.

  1. What is your game plan for the day? Wait till everyone starts running or jump in and buy for those stocks that usually have their lows at the beginning of the day?

    By the way, good luck to everyone today and hopefully we are going to see some capitulation.
  2. to be honest all bets are off this morning. this is setting up to be the most volatile trading session of all time. we could see a total market closure. one of which we have not seen since 911. i expect PPT to operate later in the day and buy up the market. so we might see a "V" type bottom with a positive close on the day.
    this is very possible. the last time i saw it was the week after 9/11 when the $SPX bottomed.

    expect sheer panic and selling magnitude. Dow may lose over 1,000 points today.

    Only professional traders should trade this.