Quote from EMRGLOBAL:
Vulcan......ehhhh most smart money has left the market, two years ago.
This volume is only the "Funds" 401ks et Johnny Pay Ck and Sally 9 to 5' futures being pissed away by those funds. They can't get out, they are held hostage by the ass clowns who call them selves "money managers".
And most who "Day trade" are flat at end of the day any ways.
Quote from Vulcan Trader:
IF YOU ARE LONG THE STOCK INDEXES FROM YESTERDAY YOU NEED TO GET OUT OF THE MARKET RIGHT NOW!
THE WORD ON THE STREET IS THAT THERE IS A MASSIVE WAVE OF SELL ORDERS SET TO HIT THE MARKET ON THE CLOSE TODAY!
THE MARKETS WILL COLLAPSE!
TAKE IT OR LEAVE IT. YOU HAVE BEEN WARNED!
Quote from Nine_Ender:
TSX has rallied during your period of panic. Do you always react to market action this badly ???
Your post is illogical. If there was a massive wave of sell orders, and the street knows this, they would be executed immediately, not end of day. Wouldn't that be funny if it was a massive wave of buy orders ?
Quote from bwolinsky:
Well to the OP I think he's considering that most mutual funds face their redemptions and sell their positions at the end of the day.
With the market down 2.6% at this time, it is possible to see the sells but there's nothing that would make me think it's anything to get too excited about.
Quote from Nine_Ender:
Is there something special about August 10th in the US ???
Quote from bwolinsky:
It's where the market's at. Fear and Greed, and from where it's been, I think it's a market panic call. A few days ago we got to overnight lows and that probably has some people worried but the people that have charts for futures usually don't worry about the performance of public companies.
It's not that it's August 10th, but that the market has come down so much, and given that it's down again today, I think he's just anticipating an EOD wave of selling due to this fear.