Absolutely nothing on the buy side. First time I've ever seen this. Granted I haven't been trading long but this is unreal. Should I stay away today?
Mate its called being limit down all the indexes are. Look at the offers in the S&P mini about 8k at the mo. Today will be very tricky stay out and watch the action if out are a new trader. Massive dislocations across the currencies and the equities with oil and the softs tanking on top of that.
CNN-Money: "Futures trading limits were imposed before 7 a.m. ET, when Dow Jones industrial average futures were down 548 points."
I don't mean to come across as arrogant or condescending, but if you didn't know they were limit down. You probably should.
Unless you are prepared to cope with possible moves of >5% in a half-hour, standing aside is a good idea.
We haven't seen "limit" on the opening since when, '97 or '98? Maybe this is his "first time", and you should be gentle...
I can see a strong rally potential but wont be involved until I see some pos confirmation and then only small. Today is not the day to be a hero
I just started trading this year. I've never seen this before. I'll just sim today if I can. Thanks gnome