Discussion in 'Trading' started by Warrior4g, Jan 7, 2008.
the rug is pulled out from under it.
THE MARKET WAS UP ALMOST 80 AND PULLED BACK TO FLAT. it was then up about 10 points and all of the sudden dropped 50 points out of no where. this is a very dangerous environment for both longs and shorts. you just get these random swings that no one can predict and that invariably squeezes traders out with a loss. every now and then we can bounce at a specific support level.
You are obviously NOT a trader, this volatility has provided tremendous opportunity for quick profit in a few markets, Equity Index, Fx, as well as Treasuries.
btw nice bottom tick
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