Can you belive the close today 10-27-08

Quote from blackjack007:

what i found interesting was that rut dropped nearly 5% but deep otm puts were unchanged. iv is dropping hard on these options; you'd expect puts to increase 100-200% on this type of selling.
More...

Thank you - useful observation.
 
I actually expected it to tank more than this today. I think this week will be one of the most interesting this fall, and that we'll probably see some form of capitulation very soon.
 
Quote from blackjack007:

par for the course. we've had a number of days that started or ended like this. wasn't it last friday where the market tanked 6.5% in the first 15 minutes? i can't even remember anymore, it has become so common.
More...

I guess you weren't in front of your screen with 5 minutes left in Friday's session when we fell 2.5%
 
Quote from poyayan:

This is call non-stop raping of longs.

.... --> US --> Asia --> Europe --> US --> Asia --> Europe ....

Round and round we go.
More...


Got a good laugh. So true though.

I think this market needs to break again before we move higher. Its coming, everyone is waiting for the rally and it hasn't happened. With no good news in the pipeline we a set to fail the oct 10th lows.
 
Quote from Red_Ink_inc:

How long until your labotomy scar heals?
More...

They don't heal after the same procedure is performed a hundred times, in the same spot, with no results.
 
You must log in or register to reply here.
Back
Top