waterfall decline underway?

Discussion in 'Trading' started by LT701, Mar 1, 2007.

  1. 161. [$VIX] CBOE volatility index for S&P 500 up 19% at 18.36
    9:36 AM ET, Mar 01, 2007

    :D
     
    #11     Mar 1, 2007
  2. Worst advice ive heard in a while.
    The best opportunities present themselves when the market is volatile and fearful. The last 3 days have been incredible money makers.

    Sit out if you dont know what you are doing. Otherwise, there is money all over the floor waiting to be picked up by people have the balls to go for it.




     
    #12     Mar 1, 2007
  3. S2007S

    S2007S

    remember when people were buying the dips for the past 8 months, well now the opposite is going to happen where when one gets the chance to sell into a rally, THEY WILL TAKE IT!!!!!
     
    #13     Mar 1, 2007
  4. LT701

    LT701

    so far, waterfall possibility hasnt been eliminated
     
    #14     Mar 2, 2007
  5. Lorenzo

    Lorenzo

    11700 next target for the DOW....

    [​IMG]
     
    #15     Mar 2, 2007
  6. Here we go.

    Volume is through the roof!

    HERE WE GO!!!
     
    #16     Mar 2, 2007
  7. Mvic

    Mvic

    Amazing that the dip buying is still so strong, to me that says that there is no real fear yet and there is more downside to come. My guess is that the redemptions at 3PM are going to be hefty and we will see a significant move down in to close. Could be fugly!
     
    #17     Mar 2, 2007
  8. LT701

    LT701

    that's an interesting chart, but dont get hyptnotized by it, the market is going at act like a viper the players have by the tail

    i think what happened this week is very signifigant, and that it's not over

    if it really is the start of a bear, they've got to keep hope alive

    my guess would be that 2000 high will be a very signifigant support test for the dow, is that at the 11700 you suggested?

    spx was repelled by 2000 high
     
    #18     Mar 2, 2007
  9. Redemptions at the retail level. Massive.

    Hedge funds being flooded with investor calls.

    I can smell the panic now.
     
    #19     Mar 2, 2007
  10. Gold is seeing it...Oil is not.
     
    #20     Mar 2, 2007