Instant Limit Down 3/22/2020

gaussian · Mar 22, 2020

Dow 17k by Tuesday?

https://www.tradingview.com/symbols/CBOT_MINI-YM1!/

https://www.tradingview.com/symbols/CME_MINI-ES1!/

cdcaveman · Mar 22, 2020

we are going to count the drop by limit down days now.

dozu888 · Mar 22, 2020

mass economic suicide, for fcking 5000 dead people, most of them don't have long to live anyway.

human stupidity to the highest level. ladies and gentle boyz.

qwerty11 · Mar 22, 2020

So I didn't know how this worked but seem to read somewhere else:

Futures halt (like ES) will last until US open. During such halt you can still trade at or above 2174 (i.e. -5% or less).

Is that correct?

Cuddles · Mar 22, 2020

Here4money said:

qwerty11 · Mar 22, 2020

(I never traded futures...)

So I guess (if my previous post is true) it is not very smart to trade at 2174 (although this seems to happen a lot in ES) because market should be lower...

gaussian · Mar 22, 2020

qwerty11 said:
(I never traded futures...)

So I guess (if my previous post is true) it is not very smart to trade at 2174 (although this seems to happen a lot in ES) because market should be lower...

I wouldnt trade the indexes at all unless you have huge nuts.

Getting caught long in a limit down would be catastrophe.

dozu888 · Mar 22, 2020

this is the time for the Millenials to fcking stand up and fight for yourself! the boomers have already screwed you over in so many things, and now because of them the economy is fck'ed.

Cuddles · Mar 22, 2020

dozu888 said:
this is the time for the Millenials to fcking stand up and fight for yourself! the boomers have already screwed you over in so many things, and now because of them the economy is fck'ed.

what happened to buying the dips dozu? I thought you were all for buying up corrections? Shouldn't you be loading up the dump truck?

gaussian · Mar 22, 2020

dozu888 said:
this is the time for the Millenials to fcking stand up and fight for yourself! the boomers have already screwed you over in so many things, and now because of them the economy is fck'ed.

No jobs when graduating high school.

No jobs when reaching prime childbearing and house owning years.

Looking real great for the millennials.