Oil at $83.70, anyone wanna guess what'll happen to RTS (Moscow) tomorrow, another "special order" day?
Iceland is closed till Monday, I don't think that Moscow is even going to open till Monday (after the G-7 meet) either. Best trading, Jorge
It's not that bad. I am reminded of McDonalds stock in 2002. It was so badly beaten that the market cap was actually worth less than the real-estate.
Oil sub $80 tomorrow. More forced liquidation (sellers) of contracts than buyers. This will also place downward pressure on oilers and market as a whole.
stock_trad3r, please shut the f#ck up. you will spew the crap that everything is ok even when you get hammered nails into both of your eyes....
i know what bmo means ffs. i was asking for the time they are usually released. i found the time....6:30 est thanks for all the help.
Aussie markets seem to have stabilized. Like 6% off yesterday's close but about where they opened... 'course there's about 4 hours left in the session.
The way I see the bottom coming is a massive gap down (500 points) and finish the day up 500-1000 points... yes.. a 1500 point rally from the lows