It is 4:40 and the SPY tape is still running fast

Discussion in 'Trading' started by KINGOFSHORTS, May 20, 2010.

  1. I guess everyone is busy unloading and SPY continues to collapse in price. down under 107

    Friday is gonna be ugly, Probably a 4% drop since no one wants to hold for saturday.
     
  2. buy when there is blood in the street?
     
  3. Kap

    Kap

    that was some sure ugly action into the close, time for a rare overnight position :eek:
     
  4. So the flash crash was real, not some broken market BS story as some would have you believe.
     
  5. Exactly! Now we are about to learn where the REAL bottom is.
     
  6. So, anyone out there still believe we have a Plunge Protection Team?