THURS. Close - BRUTAL last 15 MIN of trading!!!

Discussion in 'Trading' started by truetraderone, Jun 7, 2007.

  1. Seriously, I thought we would close at maybe neg 125 to neg 150 max.

    BUT, the way the volume spiked, and the fills just evaporated between 3:47pm and 4:01pm was SICK! Seriously, somebody f#%#$ING backed up the dump truck on the market.

    The media is pushing "high earnings" and "share buy backs" to the upside. BS, let's see which way the hedge funds move the tide tommorow.

    finance_yahoo and cbs_marketwatch news columnists are quoting market strategists as describing this as a "Correction". obviously, certain people don't want to say they are selling. whatever, keep it hush I don't blame them.

    Obviously all the "good news" is discounted now.