2:04 what happened??

Trend Fader · Dec 26, 2002

whats going on? why are the futures tanking?

-MIKE

Monsoon · Dec 26, 2002

oops sorry.. meant to sell 50 000 not 500 000

:eek:

dbphoenix · Dec 26, 2002

Probably the issuance of the NRSE report that holiday sales were down 11% from last year.

--Db

chasinfla · Dec 26, 2002

i thought everyone knew the season was a bad one...there were headlines to that effect this am.

but...I do see retailers leading the way down...

u130747 · Dec 26, 2002

I think they call it program trading!!!!

Bert

Minime · Dec 26, 2002

I thought it was just technical, but guess the news is helpful sometimes. No movement for an hour and then a pick-up in selling. Easy money.

GD2KNO · Dec 26, 2002

Quote from Trend Fader:

Simple I "knew" it was time to buy.

dbphoenix · Dec 26, 2002

Quote from chasinfla:

i thought everyone knew the season was a bad one...there were headlines to that effect this am.

True. But the NRSE presented further evidence of a decline, perhaps more than expected. Thus no reason to support prices, much less to buy. Just common sense.

--Db

nitro · Dec 26, 2002

Quote from chasinfla:

i thought everyone knew the season was a bad one...there were headlines to that effect this am.

but...I do see retailers leading the way down...

I do not think it was RLX.X that led the way. IMHO, it was MSH.X and SOX.X that _lead_

nitro

harrytrader · Dec 26, 2002

http://perso.wanadoo.fr/harrytrader/market/dji/yesterday/cours_Plan_SPOT1h.swf

We have made the theorical target of 8568 (in real 8565) we didn't made yesterday so today dj retraced in price and time only 3 point below this level.