15% SPX Drop in a Single Day - Did Anybody Else Catch this Dream?

shortie · Nov 9, 2011

I saw it last night and it felt disturbingly real. I was even a little surprised to see the market green today.

I am wondering if anybody else watched the same dream on the night from Monday to Tuesday?

TILT2 · Nov 9, 2011

Quote from shortie:

I saw it last night and it felt disturbingly real. I was even a little surprised to see the market green today.

I am wondering if anybody else watched the same dream on the night from Monday to Tuesday?

15%? No. Fed has twisted the market. Shame on it.

shortie · Nov 9, 2011

after today's drop SPY and XLE went below 200 dma. IWM never made it above 200 dma after Aug.

only QQQ is above 200 dma albeit barely.

pupu · Nov 9, 2011

Have you been tinkering with your propofol drip again?

intradaybill · Nov 9, 2011

With a 6% I call it quits for the rest of the year. I had that dream last night.

shortie · Nov 9, 2011

SPX almost -4% today and the day is not over yet.

won't be -15% though

Rennick Out

tradingjournals · Nov 9, 2011

2:40PM, e/u at 1.3525. It smells the danger (for late bears) of a rally.

hitnrun · Nov 9, 2011

what dream? that is funny
this market has made numerous moves of 30 spx points recently
these are good days for some traders
another reversal for good reason you can't keep going higher with global markets in turmoil

tradingjournals · Nov 10, 2011

Quote from tradingjournals:

2:40PM, e/u at 1.3525. It smells the danger (for late bears) of a rally.

How are the bears doing today? Market is in the green (gapup), and EUR/USD at 1.3640.

tradingjournals · Nov 10, 2011

Gap closed with a bit of red. Are sharks (bulls) now entering the waters?