Gap down!

Discussion in 'Trading' started by Daal, Aug 9, 2007.

  1. Daal


    Should be an interesting day, fade the futures?
  2. that would have gotten you creamed earlier this year, remember? it gapped down and never looked back

    'dont turn around, the Komisar's in town...'

    whatever you do, dont.....PANIC!!!!!!!
  3. is there any particular news out this morning?
  4. yes....'yesterday's PPT jamjob didnt hold'
  5. must have missed that headline :)

  6. empee


    i think today is different. I wouldn't be fading the futures, in fact, today maybe be the worst day we have seen in quite awhile in terms of points. Market is trying to price in new news. (PNB Paribas), Interest rates are spiking between banks overnite, and fed fund rate cut went to 100% for sept. This all needs to be priced in still.
  7. Daal


    we finnaly found a group of folks worse than the ET crowd to predict the market, the US index futures market