HUGE (ES, YM,DAX)SELL-OFF tomorrow, August 6th...read here...

Discussion in 'Trading' started by increasenow, Aug 5, 2008.

  1. 1881 last.
     
    #61     Aug 6, 2008
  2. wow this HUGE SELLOFF is crazy, so HUGE...HUGE!!!
     
    #62     Aug 6, 2008
  3. NDX +32 to 1902.
     
    #63     Aug 6, 2008
  4. kyc30090

    kyc30090

    hope you had locked in your profit earlier. otherwise, you must be hoping for the late market sell off to break even today. Then I'll be really sweating for you. I'm want to know your price target and stop loss when you want to short the market.
     
    #64     Aug 6, 2008
  5. And only one hour left to cover!
    :D
     
    #65     Aug 6, 2008
  6. S2007S

    S2007S

    These bear market rallies are surprising arent they.....


    AIG earnings AH, lets see if they can keep this bear market rally going......


    They may have a good chance....
     
    #66     Aug 6, 2008
  7. Still short from 1852?
     
    #67     Aug 6, 2008
  8. S2007S

    S2007S


    Im least worried.

    NDX at 1900 now....


    :p


    :eek:
     
    #68     Aug 6, 2008
  9. yea...again...great short set-up for tomorrow...I'm flat...still waiting for SHORT entry in the DAX, YM or FTSE tomorrow...looking at charts..
     
    #69     Aug 6, 2008
  10. S2007S

    S2007S



    I did not sell my position, still holding.....

    Ill let you know when I sell, portfolio still up 0.37% at the moment.


    I dont see any kind of catalyst but lower oil being the force behind this move higher. As I said weeks ago the only way the markets would be up is if oil moved lower and by jolly thats what happened. If you get 130+ on oil the markets will easily pullback 5%+

    The markets have forgotten what higher oil prices look like so the next time you see a run in oil, stocks will fall pretty hard.
     
    #70     Aug 6, 2008