yea it was yesterday
a program triggered the selling
a program triggered the selling
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Anyone know why the selloff at 3pm?
- Thread starter sammybea
- Start date
Quote from stktrdr:
Bulls will get a taste of new highs tomorrow but then the bull-bashing will really begin....
Yes, it looks like bulls got a taste of new highs and then we sold off into the close again.
Tomorrow, the bulls will get another taste of new highs. The smart ones will take profits but the arrogant neophytes will be too busy posting silly comments on this site and will miss the opportunity....
The selling off is due to nervousness before a slew of numbers due out on thurs
The higher the market goes (following its current trajectory) before the numbers are released the more likely they are to fail
likewise the lower the market goes into the numbers the greater the dds the numbers will be deemed favorable.
A middle ground is created form this.
The higher the market goes (following its current trajectory) before the numbers are released the more likely they are to fail
likewise the lower the market goes into the numbers the greater the dds the numbers will be deemed favorable.
A middle ground is created form this.
Quote from stktrdr:
Yes, it looks like bulls got a taste of new highs and then we sold off into the close again.
Tomorrow, the bulls will get another taste of new highs. The smart ones will take profits but the arrogant neophytes will be too busy posting silly comments on this site and will miss the opportunity....
And here we have the taste of new highs. The next time I post I expect it will be to update ya'll on what will be called the "Memorial Day Massacre of the Bulls"...
What's interesting is that a top in the next couple of days would coincide nicely with the expected cycle low in treasuries.
its a time 2 buy bull market
long on DDM
and makign $$$ this morning
long on DDM
and makign $$$ this morning
No it probably wont
we'll have to wait for the data tommorow before the market will trade with real conviction on either side
we'll have to wait for the data tommorow before the market will trade with real conviction on either side
Quote from stktrdr:
This afternoon selloff will be BOUGHT. We will close at or near the highs. Everyone will be eurphoric and tomorrow they will get their heads handed to them on a silver platter.
hmmmm....maybe i was wrong about the dip being bought....looks like the net buyers are weaker than i thought....
An early start to the Memorial Day Massacre of the bulls? I don't think so. My preferred scenario is for a bounce back into the close and for the selloff to start tomorrow.
The market is pricing in poor numbers. Durables and housing due tommorow at 5:30 AM