Its a bloodbath in asia right now.

Quote from SteveNYC:

Bloodbaths are in vogue lately. Every market is taking one.
I'm not sure they protect the civilians. Let's see what UN has to say about it.
 
Just once I would like to see Asia lead. They are so afraid of the boss chastising them saying "US was down and you went long? What a disgrace you are to your country and your family."
 
Quote from gnode:

http://www.bloomberg.com/markets/stocks/futures/

Showing DJIA down 300 now tonight. That would be over 900 points today....

Tomorrow is going to be liquidation/panic.

Feel sorry for anyone still in. This isn't going to turn on a time. :(

Wouldn't surprise though if DJIA went up tommorrow. I'm serious.
Anyone reading EliteTrader should really know with the hysteria levels that the market is probably going up very soon.

Seen this play many times before. What a great time to pick up quality companies with growing earnings streams.
 
Clearly the S&P500 head and shoulders 1,172 target on the weekly
chart didn’t provide support as expected but it’s extremely oversold now.
stockmarket618.wordpress.com
 
Quote from oldtime:

Just once I would like to see Asia lead. They are so afraid of the boss chastising them saying "US was down and you went long? What a disgrace you are to your country and your family."


I would like to see Asia lead once and for all.

Anyway, Asia got pounded. Europe is getting pounded. I guess America is next.
 
Quote from gnode:

http://www.bloomberg.com/markets/stocks/futures/

Showing DJIA down 300 now tonight. That would be over 900 points today....

Tomorrow is going to be liquidation/panic.

Feel sorry for anyone still in. This isn't going to turn on a time. :(

What happened to the disaster that you predicted today ?

Tell me something. If you bought a house for $300,000, would you sell it a month later for $240,000 just because you heard housing prices were dropping in the future ?

ps My call from last night :

Quote from Nine_Ender:

Wouldn't surprise though if DJIA went up tommorrow. I'm serious.
Anyone reading EliteTrader should really know with the hysteria levels that the market is probably going up very soon.

Seen this play many times before. What a great time to pick up quality companies with growing earnings streams.
 
Friggin' disaster in HK !!! Staying in Macau's Wynn for a few days, sleeping with CNBC open on on the huge bedroom TV. Already nervous about the worldwide sell off and this morning I open an eye to see the Hang Saeng down almost 10% :eek:


As fugly as it comes !! We should get at least a relief rally today in HK, following the US market.

Off to MGM VIP casino for a while, look at the gamblers lose or win on a single round of baccarat more than me in a couple of days in stocks (one guy has a private table with a 1.5million HKD limit :eek: )
 
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