Gotta love ZERO RISK in the SP500 = $$$

Visaria said:
out at 38

anyone know why the sudden sell off?
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Vis, you have any more insight into any news or whatever on this morning price action on London session and leading to NY session? EMs that I was wondering about were not really trading at that time of day when you posted this 6am NY time.

One thing that did hit the wire at 5:30-6am NY time was that Dow and Dupont was an actual merger not just talk and I think the market is taking that merger as a sign that basic chemicals , basic metals, miners, precious metals, energy ...many are in a death spiral (credit and equity wise) and that even the biggest will need to merge or shake out, and smaller ones are "already gone"....re-pricing of the entire picture of that sector going on right now
 
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Pricechange said:
Vis, you have any more insight into any news or whatever on this morning price action on London session and leading to NY session? EMs that I was wondering about were not really trading at that time of day when you posted this 6am NY time
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another trader messaged me that it was a sell off in the chinese reminbi...but i dunno other that that
 
As I keep saying the lower oil goes the lower stocks go....a break below $32 on oil could send the markets down hard....guess everyone is selling now but no worries by next week everything will be sky high again and before you know it the Santa clause rally will push the Dow back above 18,000....risk free markets
 
S2007S said:
As I keep saying the lower oil goes the lower stocks go....a break below $32 on oil could send the markets down hard....guess everyone is selling now but no worries by next week everything will be sky high again and before you know it the Santa clause rally will push the Dow back above 18,000....risk free markets
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Death cross and everything, this must be it.
 
S2007S said:
As I keep saying the lower oil goes the lower stocks go....a break below $32 on oil could send the markets down hard....guess everyone is selling now but no worries by next week everything will be sky high again and before you know it the Santa clause rally will push the Dow back above 18,000....risk free markets
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It will bounce. Dunno how high or how well it holds longer but they are setting this up to bounce right about Dec 16...bounce on technical if no other reason

And yea, there will be rally as we move toward Dec 21 and into 25....don't know how high or if it lasts.
 
Pricechange said:
It will bounce. Dunno how high or how well it holds longer but they are setting this up to bounce right about Dec 16...bounce on technical if no other reason

And yea, there will be rally as we move toward Dec 21 and into 25....don't know how high or if it lasts.
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SPX has to hold around 2020 to retest 2040
 
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