Discussion in 'Trading' started by union1411, Jan 17, 2006.
Just wondering what the sentiment is on here.
We had a trifecta with the tech earnings, and the Nikkei is down 2+% so far, so it is safe to say we are going to gap down 60+points, and fall a little more from there....
gap down up all day, if it happens I say we squeeze to new highs, who knows from there (double top maybe??)
futures green by open baby $$$
Goldman is betting on a crash; take it fwiw.
10800 then up.
I can't remember the last time I saw a V-top. Lots of V-bottoms, but never V-tops. If this market really is going to sell off, I imagine we need to test the highs a few more times. My guess is we bounce hard on this tomorrow. But probably selloff hard the first 30 minutes to an hour.
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