dow only at 11800

Dow off 60 points,

What a F$$king joke......

Asia markets fell between 3-5% on BSC news and the US markets fall less then .5% intraday, amazing.....
 
market is way oversold, look at the vix, this is time to cover. panic selling only happened because of iliquidity of pre-market. all that panic could not get dow futures down 200 points that was your cue to cover
 
Quote from S2007S:

Yea it should be trading, this market is a complete joke, BSC gets a buyout at 2 and the US markets are off a little over 1%, that doesnt seem possible. But I guess when you can manipulate things anything is possible, right?


The DOW at 11800+ is another joke....
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Anyone who allows emotion and a "need" to be right on where the market is (should be) trading will not succeed as a trader. Who cares where it's at? You trade what you see; not what you "think".
 
CAPITUALTION!


where?


the dow taking baby steps down 100-200 points is not CAPITUALTION!


These markets need a true washout,


A dow down over 700 pts in single day or off over a 1500 points in a week is CAPITUALTION!


A VIX above 40+ is fear not a VIX above30.......


The dow will drop below 11500...once we get a close below jan 22nd lows then the markets will have broken major technical levels. Until then its just range trading and a federal reserve thats going to pump things up as usual..
 
XLF was in capitulation on the open, a synthetic vix of XLF stocks would be hugely oversold. dow is not a banking index
 
Quote from Daal:

XLF was in capitulation on the open, a synthetic vix of XLF stocks would be hugely oversold. dow is not a banking index
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NO IT WASNT, XLF down $1.50 is NOT CAPITULATION.....COME ON....


$5.00+ is Capitultion, a buck 50 is what you call a joke....
 
Quote from Daal:

XLF was in capitulation on the open, a synthetic vix of XLF stocks would be hugely oversold. dow is not a banking index
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A $1.50 to you on XLF is CAPITULATION, tell me you are kidding, please tell me you are kidding.....

a DOLLAR FIFTY DROP IN XLF IS CAPITULATION TO YOU???
 
Quote from HolyGrail:

If it should be, but it's not, what does that tell you?
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It says BUYYYYYYYYYY!!!
Thanks again S2007S for yet another incredible contrarian BUY SIGNAL!

:D

"The market didn't open (low enough) where it SHOULD have . . . . Waaaaaaaaa!

LOL!
 
Quote from S2007S:

NO IT WASNT, XLF down $1.50 is NOT CAPITULATION.....COME ON....


$5.00+ is Capitultion, a buck 50 is what you call a joke....
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No, it's called a collapse of 6.5%
But you obviously have a great deal of difficulty seeing things CLEARLY. You only "see" what you want to "see" . . . Your bias is so strong that you will NEVER be able to trade your way out of a paper "bag".
:eek:
 
Quote from Landis82:

No, it's called a collapse of 6.5%
:eek:
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nah 6.5% isnt a collapse, that to me is a minor sell off....


now 30%-50%+ is a collapse.
 
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