huge stock market rally is over for now!

[mister_doodi]

Quote from robunicu:

Hey guys, im still a newb to stocks trading, only been following the market daily for about 2 months and im still having a hard time understanding everything,.. but wtf was going on today... why was everything dropping like there is no tomorow? was a tad bit confused. if anyone cares to maybe explain to me how they saw the market today, if not, please no ET drama...

cheers

If you think the market was dropping like there was no tomorrow on tuesday then you should see some intra-day charts from Oct/Nov.

 

[Ivanovich]

Bump, as Birdstone (the new Rowshan) sent me a PM saying that all his calls were right this year.

 

[Petsamo]

What time frame is "for now" this time? Because after a decent correction, the market is expected to continue up.

 

[Rickshaw Man]

Quote from Petsamo:

What time frame is "for now" this time? Because after a decent correction, the market is expected to continue up.

We have not seen a decent correction, yet!

 

[junglerott]

Quote from mister_doodi:

If you think the market was dropping like there was no tomorrow on tuesday then you should see some intra-day charts from Oct/Nov.

Yeah, in Oct/Nov the market was dropping like it was going out of buisiness. Ah, the good old days.