Black Monday
- Thread starter Trendytrader
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Quote from Cdntrader:
do share
Over a beer perhaps but I can't publicly.
Enough good EW guys will see why the highs Friday in SPX, DJI and NDX were all significant. It's just an odds bet. OTH I'll say this: a penetration of said highs will be quite bullish. 20 points worth anyways.....
"Matador's directors got concerned after the February decline and requested that Matador fold in May."
Matador closing revealed by Pa(b)stPrime, and the "explanation" from surf seems like interesting content on an otherwise quiet weekend. This free flow of information in a free society should earn protection, instead of deletion.....??
Quote from MrDODGE:
-11 points is Black Mondayish?
You are nuts...
The spooz were down 11.00 on globex earlier this evening?
Seriously, were they? I wasn't watching.
OMG 18 points now on the Dow! Everyone freak out.. while I make a ton of money tomorrow on the continued upswing.
http://money.cnn.com/data/premarket/
http://money.cnn.com/data/premarket/
Way too early to make bearish predictions
An explanation was certainly owed. I'm sure it was a conversation like this:
Neiderhoffer: Barron, this is Vic Neiderhoffer. Delete that thread or I'll SUE, SUE, SUE. I'll do to ET what I did to REFCO!!! I didn't blow out, I'm the greatest trader in history, I'm the greatest comeback in history, I'm the greatest!!!!!
Barron: Law suit? I'm just a guy running a message board. I'll delete it.
I'd ban Marketsurfer and his ISP immediately. Free speech is one thing. Flat out lying as he's done for years is another. Vic Neidehoffer? Big scumbag. Surfer? Toadie for scumbags.
These pics show why I think the next few days could get interesting:
SPX
http://img251.imageshack.us/img251/3243/spxyu4.png
Dow
http://img178.imageshack.us/img178/770/dowek7.png
This pic was originally posted by Digs here (http://www.elitetrader.com/vb/showthread.php?s=&threadid=96468)
http://img341.imageshack.us/img341/6705/crashintwoweeksov1.jpg
SPX
http://img251.imageshack.us/img251/3243/spxyu4.png
Dow
http://img178.imageshack.us/img178/770/dowek7.png
This pic was originally posted by Digs here (http://www.elitetrader.com/vb/showthread.php?s=&threadid=96468)
http://img341.imageshack.us/img341/6705/crashintwoweeksov1.jpg
If you look at the entire chart the rally on April 9th was also on slightly reduced volume.
What we're seeing is a complete rebound. The lows will not be retested and it is pretty much all upside from here.
What we're seeing is a complete rebound. The lows will not be retested and it is pretty much all upside from here.
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