welcome to Fantasy Island.There it is. That is what I am predicting. I think there is going to be a huge rush to sell out of ANYTHING. I think markets will have to be closed to stem the flow.
CME Group U.S. equity index price limitsI'm a bear as well, but I also think that the people with the most money will have the most at stake and they are in the best position to keep the game going longer. I certainly wouldn't hold anything from Friday close until Sunday open though! LOL
I found it interesting that the futures, for the NQ at least, were halted going into the Monday open, and then again right after the open for about 8 minutes. So even if holding overnight, I would make sure to keep my eye on the % drop, seeing that 5% and 7% seem to be the magic numbers, so if we ever get close to reaching those limits again, I'd close out any positions before a halt is triggered. This is assuming of course that it all works like it should. LOL
There it is. That is what I am predicting. I think there is going to be a huge rush to sell out of ANYTHING. I think markets will have to be closed to stem the flow.
The US didn't close during 2008 when there were real risks that the financial system would fail.
I predict markets will go up, then markets will go down, then markets will go up, then markets will go down..... in fact I predict markets will go up AND down for years to come........
Don't post things like that. If it comes true for some 9/11 like events, you might go to jail and be questioned for a while.There it is. That is what I am predicting. I think there is going to be a huge rush to sell out of ANYTHING. I think markets will have to be closed to stem the flow.
Whatever happened to the Zerohedge guy saying it only takes a few bucks to hammer the VIX
and get back to VWAP or green before the close.
How do you traders compare batshit moves from 2008 to the last few days?