Buy this dip.
Quote from S2007S:
you think so. This morning was one hell of a dip.....I think the markets could easily break down after 3pm...Buying these dips is risky, you might catch some upside but to think its headed back to 12800+ might be tough.
I am not surprised, with billions of dollars in market capitalization vaporized within 72 hours. This will take weeks to fully unravel. This doesn't mean the market will collapse and Dow goes to 7000. It could go anywhere. What I mean is the volatility won't go away until the majority of the capital that was hurt by this move calmed down and has made (or was forced) to make its moves.Quote from ByLoSellHi:
The whole psychology has shifted.
Quote from makloda:
I am not surprised, with billions of dollars in market capitalization vaporized within 72 hours. This will take weeks to fully unravel. This doesn't mean the market will collapse and Dow goes to 7000. It could go anywhere. What I mean is the volatility won't go away until the majority of the capital that was hurt by this move calmed down and has made (or was forced) to make its moves.
Quote from lauriston:
Many hedge funds are going to feel a great deal of pain especially those involved in the "carry trade" with Japanese yen against other currencies. There will be a great deal of squeezing throughout the month of March as Japanese banks square off their books, and this will be felt in stock markets as well. people have been playing the carry trade for more than 5 years I think and it is pay back time I think http://lauristonletter.blogspot.com/
Quote from lauriston:
Many hedge funds are going to feel a great deal of pain especially those involved in the "carry trade" with Japanese yen against other currencies. There will be a great deal of squeezing throughout the month of March as Japanese banks square off their books, and this will be felt in stock markets as well. people have been playing the carry trade for more than 5 years I think and it is pay back time I think http://lauristonletter.blogspot.com/
Quote from S2007S:
Do you know how many hedge funds have popped up during the last year, im sure some are really worried about whats next for this market.