Today has all the makings of a crash !

Discussion in 'Trading' started by NY_HOOD, Sep 17, 2008.

  1. big crash = 600 points or more?
     
    #11     Sep 17, 2008
  2. S2007S

    S2007S

    Does anyone believe now that the DOW is headed to new lows, its headed below 10k.....


    Did anyone watch kudlow and crew last night, bunch of fools on there thought the economy was going to do great, Art Laffer especially, guy doesnt know what the hell is going on, he was telling everyone that the economy is doing great etc etc etc...

    FOOOLS
     
    #12     Sep 17, 2008
  3. I dunno. what to think anymore. A crash could happen, or this may mark long-term bottom. Nothing makes sense anymore... you just got to trade it and stock thinking about external events which may bring about biases in price direction.
     
    #13     Sep 17, 2008
  4. purple

    purple

    http://www.apfn.org/apfn/reserve.htm

    Please take a moment to learn what many have found out about how this system got where it is today.
    This is the biggest transfer of wealth from the citizens to the top ever recorded in history. Please take a minute to understand what is driving this force and who these people are. The end of this story is not pretty for those who dont learn whats going on. Your investments are not safe, never were and wont ever be under this system.
     
    #14     Sep 17, 2008
  5. Man, where's the Black "day of week" thread when you need it...
     
    #15     Sep 17, 2008
  6. dsq

    dsq

    today has a bad feel...market is not bouncing much off lows...very weak rallies...i traded T 3x so far...under 29$ amazing...

    Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered
    4237400148 Sell 1,000 T 28.84 Limit Day (2008-09-17) Filled 1000@28.881 12:15:12 2008-09-17 12:15:10
    4237295001 Buy 1,000 T 28.89 Limit Day (2008-09-17) Filled 1000@28.82975 12:04:39 2008-09-17 12:04:37
    4236978767 Sell 1,000 T 28.95 Limit Day (2008-09-17) Filled 1000@28.95 11:33:19 2008-09-17 11:32:07
    4236930268 Buy 1,000 T 28.97 Limit Day (2008-09-17) Filled 1000@28.879 11:28:33 2008-09-17 11:28:31
    4236855258 Sell 1,000 T 29.08 Limit Day (2008-09-17) Filled 1000@29.0901 11:21:14 2008-09-17 11:21:10
    4236819155 Buy 1,000 T 29.05 Limit Day (2008-09-17) Filled 1000@29.015 11:17:31 2008-09-17 11:17:26
    4236808185 Sell 200 FCX 63.10 Limit Day (2008-09-17) Filled 200@63.10 11:16:44 2008-09-17 11:16:22
    4236737111 Buy 200 FCX 63.46 Limit Day (2008-09-17) Filled 200@63.1299 11:09:28 2008-09-17 11:09:27
    4236675093 Sell 1,000 T 29.25 Limit Day (2008-09-17) Filled 1000@29.25 11:02:37 2008-09-17 11:02:32
    4236449765 Buy 1,000 T 29.19 Limit Day (2008-09-17) Filled 1000@29.1899 10:38:42 2008-09-17 10:38:39
    4235776343 Buy To Cover 300 WFC 33.97 Limit Day (2008-09-17) Filled 300@33.94 09:38:50 2008-09-17 09:38:47
    4235737174 Sell Short 300 WFC 33.93 Limit Day (2008-09-17) Filled 300@34.42717 09:36:29 2008-09-17 09:36:26
    4237095685 Buy 1,000 T 28.92 Limit Day (2008-09-17) Canceled 2008-09-17 11:42:47
    4237071020 Buy 1,000 T 28.96 Limit Day (2008-09-17) Canceled 2008-09-17 11:40:24
    4237053470 Buy 1,000 T 28.91 Limit Day (2008-09-17) Canceled 2008-09-17 11:38:45
    4236957979 Sell 1,000 T 28.94 Limit Day (2008-09-17) Canceled 2008-09-17 11:30:27
    4236667638 Sell 1,000 T 29.23 Limit Day (2008-09-17) Canceled 2008-09-17 11:01:35
     
    #16     Sep 17, 2008
  7. Lucrum

    Lucrum

    Judging by the daily posts here on ET, EVERY day has the makings of a "crash".
     
    #17     Sep 17, 2008
  8. NY_HOOD

    NY_HOOD

    well so far i'm right. seriously though,not bragging but when you see things like the TED spreads widening to levels not seen since 1987 the day afyer the market suckers in longs on an always volitile fed day,something bads gonna happen. i never make market calls,you guys know that. today was different.
     
    #18     Sep 17, 2008
  9. Adobian

    Adobian

    A crash could take several days.

    Dow 8000, 50% off.
     
    #19     Sep 17, 2008
  10. pismo10

    pismo10

    The sky is falling, the sky is falling....Time to buy.
     
    #20     Sep 17, 2008