Oh the pain of the carry traders I feel a one lemming by another forced into liquidation by margin calls. Anybody long any type of stocks: Put on puts UNTIL THIS CLEARS. Can be over tomorrow, or it can take weeks and months. Cash is king. ES -1.10% DAX -2.40%
THe SP was down a point just a little while ago....some news had to come out.....a 15 point drop pre-open is rather nuts..... this could be worse than the other day......
Great, I am thinking to anybody who thought stocks were undervalued at 1450, imagine what great value they could have at 1250 or 1050!!!!!!
I don't watch CNBC... just looking to trade the EC, and ES - ER rolled over in unison giving perfect sell signals. At first figured it was BOE decision, but not this. Clearly news driven, I'm just going with the momentum. Long now from 1393 and holding into a bounce... this is insane... better than any five entire dull sessions in Feb already in the premarket