Major Selloff Today!!!

walterjennings · Dec 15, 2006

people should start hedging their predictions on other forums. that way they will at least look smart somewhere else.

TrendPro · Dec 15, 2006

Quote from walterjennings:

people should start hedging their predictions on other forums. that way they will at least look smart somewhere else.

classic

S2007S · Dec 15, 2006

looks like were getting the selloff in the nasdaq.

I sold all my longs at a loss, isnt it great trying to go bullish on a market im already bearish on and losing money on the long side. Feels great. Im sticking to the bearish side for now.

Grandeur · Dec 15, 2006

Some selloff

EqtTrdr · Dec 15, 2006

Quote from Grandeur:

Some selloff

yes..

amazing what passes for selling, donks, and huge sell offs these days...

S2007S · Dec 15, 2006

Quote from Grandeur:

Some selloff

okay when your up nearly 17 points on the nasdaq and 4 hours later its up 1. I think thats a pretty good drop.

Grandeur · Dec 15, 2006

Looks like some of these guys actually started trading at the time they registered.

Landis82 · Dec 15, 2006

Quote from S2007S:

okay when your up nearly 17 points on the nasdaq and 4 hours later its up 1. I think thats a pretty good drop.

Typical "high volume" triple-witch affair today, with a quarterly rebalancing as well.

No big surprise.
Just a lot of churning after the initial "pop" off the opening.

Nasdaq5048 · Dec 15, 2006

Where is Blue?

Did he finally decide to hedge what he says on ET and now he is down???

If so, that's really blue!

Grandeur · Dec 15, 2006

Quote from Nasdaq5048:

Where is Blue?

Did he finally decide to hedge what he says on ET and now he is down???

If so, that's really blue!

Probably calling everyone he knows to convince them to short. Probably the reason for the 17pt drop.