what caused the huge spike outta nowhere at 9:04am EST?

Discussion in 'Trading' started by 1a2b3cppp, Sep 1, 2011.

  1. Stopping out the shorts?
     
    #11     Sep 2, 2011
  2. Well the H & S I was referring to sold off---2 hour chart There are buyers waiting at 1100 to 1150 all year long in the SPOOS. Structurally the year went as predicted. Up into Spring, sell-off in May bottom end of August rally into year-end. We are bottoming but it may not be quite over yet. We'll see. 2013 is another story as we grapple with the overhang of the Big deleveraging from the go go 90's and the QE bailout stagflation
     
    #12     Sep 2, 2011