man...gee whezz...relax everyone...Its not like SP will go -60 or DOW -600...RELAX

the key ES support number is 1200...this is the 1 year low...if we BREAK that...could freefall to next support level...ES 1200 is so key...thoughts?
 
That 1200 level is also frightingly close to the overnight 5% limit down.....

When was the last time SP was limit down overnight?
 
Quote from dealer:

That 1200 level is also frightingly close to the overnight 5% limit down.....

When was the last time SP was limit down overnight?
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jan 22?
 
I don't remember when the last time we opened or even hit a limit, but you should be aware that they changed the limits a few years back, from (I believe) 2.5% to 5%, making a much more rare (if at all) event.

-S.C.
 
Quote from increasenow:

what do you think wareco???SP and DOW goes - or + tomorrow???
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What's the point in making a prediction? I think the smarter thing is to not have a bias. Could be some major swings tomorrow. Why not just watch price and let that be your guide? However, that may be easier for a scalper than a swing trader.
 
The dow should lose a 1000 points tomorrow but that wont happen because they wont let it....

always going to be a way to prop up the markets.....


DOW is going to new lows, as I have been saying for the months SELL THE DAMN RALLIESSSSSSSSSSSSSSSSSSSSSSS
 
Quote from S2007S:

The dow should lose a 1000 points tomorrow but that wont happen because they wont let it....
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I've always dismissed the existence of the PPT but I do acknowledge that the equity market has an uncanny habit of coming back from the brink....
 
Quote from trendy:

What's the point in making a prediction? I think the smarter thing is to not have a bias. Could be some major swings tomorrow. Why not just watch price and let that be your guide? However, that may be easier for a scalper than a swing trader.
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Yep, I'm not much for predictions either. How many times have I said the market can't do this or the market can't do that, only to have the market shoot me the bird. I'll be cautious tomorrow, and only try and trade with the trends.
 
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