Anyone know why the selloff at 3pm?
- Thread starter sammybea
- Start date
I scanned the news and didn't find anything unusual. Google news, ap, marketwatch
The markets seem to be recoving though
I suspect it was profit taking
What is interesting to note is the dow dropped 20 point 5 minutes into the open which indicates that somne larger funds are unloading today. They porobably took profits at 3PM as well.
The markets seem to be recoving though
I suspect it was profit taking
What is interesting to note is the dow dropped 20 point 5 minutes into the open which indicates that somne larger funds are unloading today. They porobably took profits at 3PM as well.
The big boys are trying to take your money from you by forcing you to sell. Additionally, the money is rotating from the big cap to small cap.
no info out at all
No news
I suspect selling before the econ data due out later this week
but not a very big selloff either
dow is down only 20 points or so
No news
I suspect selling before the econ data due out later this week
but not a very big selloff either
dow is down only 20 points or so