This is suppose to be the buying opportunity for all bulls who didn't ride these last 4000 dow points, anyway no need to worry they will jam the futures up on Monday and when the market opens Tuesday it will rally once again eliminated nearly all its losses today. Why should anyone be worried about today's decline.
If you have to ask....I hope you are not trading with real money. If you are, just send it to me, you will eventually, why not do it now?
eventually the music HAS TO STOP. you would think, LOL! The time I get long for a swing or position is when we crumple to sub 1000.
How can there be more selling than buying? How would those additional selling trades be completed? Who would be on the other side of the additional selling? Other sellers? On the other hand, perhaps the sellers are somewhat more aggressive than the buyers in this case...
agreed, the music ALWAYS stops, its just knowing when it stops. I think at this point risk outweighs reward by a huge margin. Next week with earnings from C, BAC and GS the financials are going to be the ones to watch, if they break down so does the market.