Nasdaq are a bunch of crooks!

[giggollo]

Maybe Nasdaq is busting trades based on Fib levels now, check your Fib levels!

 

[murray t turtle]

Quote from giggollo:

Although it is NOT exactly the same thing, it reminds me of the time back in 2000 when a false negative press release came out and sent Emulex (now ELX) stock from over $100 to under $50 within 2 hours from the open...huge volume changing hands, tons of people dumping on the false release and tons of people putting their money on the line and buying into this falling knife..stock gets halted, company asserts the press release was fake, and stock reopens later that day around $100 or so. They didnt break those trades and the ones who bought into the madness were rewarded.

"The Nasdaq said all trades conducted prior to the trading halt will stand.

Losers are Emulex shareholders who felt the release was real and sold the shares as they tanked--only to watch helplessly as the hoax was discovered and the shares recovered. "

http://news.com.com/Hoax+briefly+shaves+2.5+billion+off+Emulexs+market+cap/2100-1033_3-244975.html

=================
Remember that;
good points on the fibo obsewrvation also.

NOT exactly the same thing , but i remember the name Hurricane Hydrocarbons gapped down big premarket on NasdaQQQ;
moved similiar , but not as much % as ELX. Also NYSE listed eventually.

NasdaQQQ or QQQQ has always tended to move a bit more % generally & more sloppy than SPY,DIA

However some of the most likable people on the face of the earth are market makers & no specialist has ever compiled a book [yet], helping like -The Market Makers Edge, by Joshua Lukeman

 

[fhl]

Quote from giggollo:

Although it is NOT exactly the same thing, it reminds me of the time back in 2000 when a false negative press release came out and sent Emulex (now ELX) stock from over $100 to under $50 within 2 hours from the open...huge volume changing hands, tons of people dumping on the false release and tons of people putting their money on the line and buying into this falling knife..stock gets halted, company asserts the press release was fake, and stock reopens later that day around $100 or so. They didnt break those trades and the ones who bought into the madness were rewarded.

"The Nasdaq said all trades conducted prior to the trading halt will stand.

Losers are Emulex shareholders who felt the release was real and sold the shares as they tanked--only to watch helplessly as the hoax was discovered and the shares recovered. "

http://news.com.com/Hoax+briefly+shaves+2.5+billion+off+Emulexs+market+cap/2100-1033_3-244975.html

I remember it well. A guy in my office accumulated four thousand near bottom and when the stock re-opened after hours.... voila.. up four hundred thou.

 

[giggollo]

Quote from fhl:

I remember it well. A guy in my office accumulated four thousand near bottom and when the stock re-opened after hours.... voila.. up four hundred thou.

Not the same guy who put out the fake press release by any chance? If not, then he must have been basing it on fib levels!!