sweet end of day selloff

Discussion in 'Chit Chat' started by adam772, Oct 21, 2009.

  1. adam772


    LOL, as if we couldnt see that one comin.... watch how when everyone rushes to the exit at once, in a few minutes we could dump 20 handles on the S&P....Down she goes...
  2. this is what happens when Obama sucks liquidity out of the market
  3. It nice when you're right once in 100 times.

    Saw it coming my ass
  4. I did see it coming but I bought a little early...started buying Nov puts yesterday in SPY at 1,092...tough to sit through the spike higher, but I've been seeing increasing volume on down days the past month or so which reeks of distribution. I think we could drop to between the 50 DMA and the 200 DMA on this downturn..or to about 1,030.
  5. i called the top