Nikkei futures down 12.5%

Quote from Cutten:

65 points.

So far the Nikkei trading is thin as hell. IMO there's a good chance of some govt intervention from Japan, maybe close the exchange, maybe call the brokerages and tell them to buy like in 87. If there isn't big institutional buying by the close of morning session, it's likely. So be careful out there.
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I think starting this month it is 60 points,

http://www.cmegroup.com/trading/equity-index/files/EquityIndexPriceLimitGuide.pdf

Best trading,

Jorge

PS I was bearish, but now I'm getting scared-ish
 
Quote from Cutten:

I have a printout of all the exchange limits by my desk :) Can't be too prepared in these conditions.

8300 now Nikkei. Buy dips IMO, this could go up another 500 points.
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I really doubt that Nikkei can hit 8800 today unless there is a Fed rate cut during the Asian session or something crazy like that. They are going to overshoot the selling on the Nikkei to compensate for the possibility of another bad US session on Friday.
 
Well, just got raped for 13pts on the ES on that 20:20 bar.

It will probably recover but had to bail no question.

My ass hurts.

Good night.
 
If we don't Rally 10% off the lows tomorrow then this is just another god damn conspiracy.

Governments can stop this shit whenever they feel like it.
 
i thought you will like this:

George_W_Bush_Henry_Paulson.jpg


we all need to cheer up somehow...
 
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