Search results

Jesus. Calm down, read what I'm writing and don't attribute me opinions or statements that I have not said. I've seen this behavior from you earlier to others. Here's some facts for you: Using RTH data, 2715 (not 2720) is 20 % down to the TICK from the ATH at 3393,75. This, 2715, is the...

Could turn that quote around and say sellers hit the bid when they want out regardless of your price projection, however you derived it. Percentages works very fine - both for daily changes and for long term corrections. 20 % down is a number everyone is looking at, so it's certainly not...

Not a word from @Rickshaw Man since the 26th of February, i.e., 400 points ago. Still there, Rick? While S&P 500 were 'risk free' for quite a while, i.e., every dip was bought and we had a long period without any significant downdays rewarding long-traders or BTFD handsomely - all those...

And then...? 2650 down is 21,92 % down from top to bottom. I imagine there's a good chance selling can accelerate further once 20 % down is breached, unless the PPT or Dozu's pro boys step in.

You should tell us when to buy then, @dozu888. At this point, you're no better than the perma-bears who finally were right after all this time. You're no better than my investment genius of a friend who simply got into the markets after the largest drop in history and just at the start of one of...

Yes, it's the way of the market to overreact, but are you watching news outside of the US? I also shrugged my shoulders to CV when the news first started circulating and we only heard of China, but it has since spread worlwide with serious consequences. Italy is literally shut down at the...

Check out SPX and see what you get there. Regardless, the meaning of what I said is the same.

- 20,21 % No. -19,63 % I'd say if a market bounces off 20 % down - that does not qualify as a bull market ending. We'd need to close and trade below.

Interesting how what was crazy moves a few weeks ago is the new normal now. We're literally seeing a normal daily range move in minutes. Anyone care to take a guess or have some valid way of predicting how long this volatility is likely to last? Even if we should find a bottom and recover...

We did print 2879. Looks like we're going to make another push higher towards it. Not sure what the actual rule is. Does price need to be resting there for a while? On yestesterday's limit down - the market appeared to be trading at, bouncing off and back down to the limit down before finally...

No. 5 % limit goes both ways during the overnight session. There are limits to the upside durking regular trading hours too, but not quite the same as to the downside.

No, you're not. You're doing great and better than most. We're currently experiencing volatility where the market literally can move a normal daily range in seconds. Now is not the time to be scaling up.

Done. Let's see if this one gets legs.

Bear flag. 30 points of 'noise' here. Would prefer a break of 2762 for a short or support just above 2780 or so for a long. But not playing this myself.

Are you using limit orders or market orders? I imagine that would/should make a big difference. Regardless, these are not normal market conditions and past results does not guarantee future performance. Even as a discretionary day trader, I've noticed significant differences between market...

Looks like a test of 2715, i.e., the LOD, i.e., 20 % down from high to low, is in play. Should be interesting to see if that could initiate another flush lower today.

Very, very unlikely. To put things in perspective - none of the last 10 trading days opening gap down closed green.

Actually, we hit 20 % down to the tick today at 2715.

Have to be, yes. No doubt. Any sources on this...? I'd imagine you're right. On the other hand - there must be some quant strategies that are doing well too. For example Medallion did really well in 2008. Overall, I bet a lot of people have been hurt already and that hurt may increase in...

A good day to stay out of the markets unless you really know what you're doing and/or are fat from profits from the last weeks that you're willing to put at risk. There's great opportunity, but also great risk. This is the first time I've witnessed a limit down myself - so just watching...