futures falling extremely hard

Quote from ByLoSellHi:

With all due respect, f**k that noise. We're in a severely irrational panic mode.
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i know and usually when that happens there is big time opportunity if you are cautious.
 
Quote from S2007S:This is an extreme meltdown. Nearly every market around the globe is collapsing. This could be the end of any trust that people had for wallstreet, this is where market psychology changes FOREVER.
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Didn't you say "BUY BUY BUY WHEN DOW IS BELOW 10000". Now you can buy all you want, enjoy :cool:
 
Quote from MrDODGE:

I sense a rate cut coming in the morning. Oh say 50BP.
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To further ingrain the panic?

I think that'd be a huge mistake, but that's why they'll probably do it.

What good will it do on the fundamental side right now in the wake of injection trillions in immediate credit globally by central banks?
 
Damn market never ceases to amuse people huh, I was about to go to bed when I saw the futures drop quickly, lately seems most of the market action puts me in a trance.

Anyways a good night to you all, and happy trading, if this isn't capitulation type action then I'm in for some schooling :)

Peace out
 
Quote from ByLoSellHi:

This is the kind of freaky shit that convinces me the talk of a depression isn't off the mark, and if so, it's no time to buy.
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Wait until 2009.:eek: It's going to get much, much worse. Sure, we'll have a SHORT rally soon. After that, it's down, and down. The Dow at 6000.:eek:
 
Quote from BlackBison:

well i was worried about my eur.jpy long but with all these panic threads it is pretty likely we are going to rally today :)
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That's what they said the last couple of weeks.
 
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