Black Monday

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Quote from davidson:

earthquake maybe ? :p

Seriously, you may be right. Nothing can really explain this selloff.
This is so sudden and unexpectable




that very ugly close was simply the banks and brokers getting sold hard to the close. some people are panicking that the subprime situation would spread to other kinds of loans.
 
Quote from dhpar:

what does GLO GLO GLO FUTURES$$$ supposed to mean?

japan is up and futures are up from close. today might have been enough capulitation for a st bounce tomorrow.
 
Quote from vhehn:

japan is up and futures are up from close. today might have been enough capulitation for a st bounce tomorrow.

thank you Sir - I may ask you manage my money after all....:cool:
 
Tomorrow is going to be an all green event. Wouldn't be surprised to see it last a few days. As soon as you think the markets are gaining ground and everything is perfect you get that next drop down that will even be more severe than the first. Anyone who bought in the last week should begin to sell any chance they get.
 
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