Another 1:30 skyrocket to 9,000?

i doubt it. the retail sales number were just horrific. yesterday was a text book example of a bear trapping bulls. i am sure many held overnight because of that reversal candle stick. this is a brutal market and the best traders are getting sacked.
 
I hear you. I just made my way back to breakeven like an hour ago...I am going to take a small position long over the weekend. ES position that is.
 
Worst retail numbers since they started keeping records since the early 1990's.

I actually thought they were going to be worse, -4%-5%.
 
There's got to be a lot of people who missed out yesterday and are waint for the pullback. A 50% retractment is around 863 and 38% is at 872..
 
Just out of curiosity, has anyone noticed that the 'TIME' to go long used to be 2:30pm and now is 1:30pm?

Daylight savings time anyone? Perhaps the master TARP computer didn't get updated.
 
Quote from freewilly:

doubt it.


same trick can't be used twice in a row.

If I were PPT, I would not do anything today.
More...

Not sure we need PPT today. People think the bottom is in.
 
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