Yeah, concur. Closed out my short and went long DJIA on the close at 8623. Only small though, cause my manliness really can only come through on the short side!
I'll be watching index futures and usd/yen early tomorrow morning. there's gotta be a dead cat bounce scalp in here sometime...
Everything pointing to a huge up day tommorow --i d say +800 or so tommorow on dow what can I say--i am shocked too--it seemed to be setting up for a rally before the dump-I day trade and got wiped out of entire days profits in the dump.
Why are futures down 1.6%? Is this an error? After so much selling today it doesn't make sense why it would be that much lower. This has to be the capitulation. The indexes are down 20!!! percent in just five days. The first 20% took 8 months.
could easily dump more in the morning to flush out the last longs. i am long and i am scared. those buying possible dip tomorrow will surely make a few $$.