Never see such bloody day

Discussion in 'Trading' started by innovest_11, Aug 16, 2007.

  1. Virtually all stocks down 5 to 10%, do u guys recall such a day before?? For me, never
     
  2. Akavall

    Akavall

    This is getting bad. I guess pumping money into the economy didn't help.
     
  3. gaj

    gaj

    i've only been a daytrader since '99.

    the days in '00 were MUCH worse than this for smacking the sh*t out of things.
     
  4. JamesJ

    JamesJ

    great day shorting the loosers...
    CFC... ETFC...
    just closed part of it
     
  5. Not over yet. Not a complete demorilization.
     
  6. I've seen much worse, 5 years ago, 2002 was a brutal bear market. 2002 bear makes this look like winnie the pooh.
     
  7. Yes, seen this many times before from 2000 - 2002. Big squeeze potential into the close... could be parabolic tape. Today and/or tomorrow likely to squeeze real hard in relief only
     
  8. MattF

    MattF

    didn't pump enough :cool:
     
  9. I guess a lot of people is shorting now. If Fed announce some news, rate cut or some sort, then a squeeze appear, hopefully can at least pull back 1/3 from the fall. :D
     
  10. Will hpq announce some good earning afternoon? Then at least pull back the index tomorrow
     
    #10     Aug 16, 2007