Why is the market selling off

Probably a bunch of stops got triggered under the Dow 200 ma.

 

Bin Laden spotted in a Walmart buying camping supplies!

 

You hit the nail on the head,, in a bull market most news is percieved as bullish in a bear market the same news is viewed negatively. Therefore as you say we are in a bear market.

 

The nasdaq is what 100 points below its 200dma, SP now 10 under its. Guess the dow is next. What are the republicans going to do? the only thing they had to hang their hat on is slipping thru their hands like oil.

 

that news was no accident, the timing was incredibly intentional coming at the US open when markets around the world started the beginning of another freefall yesterday afternoon

i don't think it was intended as a fix even, as much as a distraction. they probably could have had him at any time

 

Now just a minute here, we are not in a bear market, these weekly chart point that out.

 

How did your ym trade pan out yesterday before the selloff, mymini?

 

agreed. good point. good graph. seems to be fitting the pattern quite nicely.

 

Whacked hard, licking my wounds. My gain of $1380.00 was turned into a $500.00 loss.


Sitting on the sidelines for now, how about you?