160 point drop in the dow futures in 10 minutes.
Wow that was the biggest head fake i have seen all year.
The anti-drop mechanism is working now...I can't wait for the next fed emergency meeting, it will happen once all global exchanges are losing trillions in value and the dow is correcting more than 10%, they will come out and push rates NEGATIVE and announce QE 4, but guess what? That WILL NOT SAVE the markets, the markets and economy are done, there is nothing they can do now to prop it up, the entire world is moving rates to 0% so the only move next after 0% is NEGATIVE RATES and QE 4....
And everyone thinks the FED saved the market and economy hah.....just wait and see whats going to happen. The fed is useless at this point, everything is going to work against them...
out 1/2 of yang at $5.65, nice 12% + gain still holding 1/2 just in case this market gets a little out of control
just sold UWTI, had a fantastic run holding it, made over 30% bought at $3 sold at $4.05, my original price I bought my other shares was around $2 and sold those wayyyyyy to early at $2.40 but glad I got to sell 1/2 at $4.00...cant complain...totally out of it now and long DWTI, WILL now wait for the next drop in oil to get back in when oil is back trading under $55, now holding DWTI at $58.00, hoping this trade works out, sell price on DWTI
$75+++