The fact that many of the advisors on CNBC remain quite positive (bargains a plenty aso.) means that we haven't seen the bottom yet. People tend to underestimate the size of some of these hedge funds which are liquidating - as far as I know hedge funds were almost nonexistent back in 73-74.
Reaver No one was crying and bitching when all these fruit pickers in Cali were buying $750,000 McMansions. Now it's time to shake things up a little. They had their fun, now it's time for others to have theirs. Turnabout's fair play right? --------------------------------------------------------------------------------- Ya Reaver I agree. Now is the time for fair play for cuba!!!! I'm sorry, I mean fair play for investors. trade well perr
With the global economies tanking, ALL strong global banks will soon begin to position & posture to help their own. BOJ was a notorious manipulator in the 80s, so with the yen strong for natural causes, tehy won't get in the way just yet, but shortly, they will begin messing around so you are playing vs BOJ. I don't play in that sandbox so ..... fwiw
Anyone know the actual price of the next limit down after the open, 10% off yesterday's close but which price?
what, exactly, does es/ym limit accomplish? last i checked, it didnt hold spy/dia or spx/indu up it just makes es/ym illiquid at the most dangerous moments