we deserve this. we ran 3500 pts in 12 months with almsot zero pullbacks. as all were cheering our gov't was allowing banks and hedge funds to leverage other peoples money at 1000-1. now its pay back time
had a buy order sitting at 45......popped in before going to bed & was surprised it was tagged.......kicked it at 47.50 as i have a funny feeling tomorrow could be one of those days that people will be talking about for quite some time......free falling.
market is due for a serious cleansing.
Your bet....Target: Dow zero-k.
Sarbanes-Oxley will force all to go private anyway.
Cramer in panic now....today was a "key".
No Dow left. America in crisis.
Buy index puts with strike of zero.
Especially small cap RUT.
i`m lifting all my well under market orders tonight being that i need a good nights sleep.........smells like something rotten in denmark & there is going to be plenty of people in trouble tomorrow if this keeps up.
we deserve this. we ran 3500 pts in 12 months with almsot zero pullbacks. as all were cheering our gov't was allowing banks and hedge funds to leverage other peoples money at 1000-1. now its pay back time
Curious thing is....the after hrs US futures are trading in tandem w/ the Asian futures. It's bee "decoupled" for the past couple months since the February scare. Sure picked a good time to correlate back to +1
Guys, something is going on. Check out GLOBEX, at about 11:18pmEST, there was bunch of bids being hit, Russell 2000 mini's dropped from 771 (already 10pts below fair value) to 767 in 4 minutes on a couple hundred contracts.
