Futures down big again...
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Black Thursday: Rate cut failed to spark market, now we take the "Big Dump" oh pain!
- Thread starter jreynolds212
- Start date
I say raise rates or throw that rumor around on the floor to get a nice washout.
But inflation doesn't matter in this country.
But inflation doesn't matter in this country.
jreynolds212
Registered: Dec 2007
Posts: 249
02-16-08 07:36 PM
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Quote from ak15:
It probably may not be feasible for you but I would suggest if at all possible - stop using market orders to get out of positions.
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Kinda of tells you everything you need to know
Registered: Dec 2007
Posts: 249
02-16-08 07:36 PM
--------------------------------------------------------------------------------
Quote from ak15:
It probably may not be feasible for you but I would suggest if at all possible - stop using market orders to get out of positions.
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Quote from jreynolds212:
Hehehe. Ever read the book. Market orders are the only way to get out of positions. Limit orders never seem to execute.
All I use is market orders.
Kinda of tells you everything you need to know
Yes, the raising the rates rumor has hit the floor!
Get in there Mortimer!!!!!!!!
Get in there Mortimer!!!!!!!!
HA!
Futures are not favorable and asia does appear down right now. Any thoughts?
Asian did not react the way I thought. For sure Asia would drop 10%, but not close.
The Feds reversal, on the 700 billion and where it's going, well shocked the market but now makes sense.
IMHO, I think we could snap back tomorrow, 300 plus. Not a trend reversal but just a snap back....
If we break 800 on the SP, if it does not hold, then hello below.
But I have a sneaky feeling that this market is going to fly high tomorrow.
possible down open, but buyers coming in strong.
The Feds reversal, on the 700 billion and where it's going, well shocked the market but now makes sense.
IMHO, I think we could snap back tomorrow, 300 plus. Not a trend reversal but just a snap back....
If we break 800 on the SP, if it does not hold, then hello below.
But I have a sneaky feeling that this market is going to fly high tomorrow.
possible down open, but buyers coming in strong.