PM *pop* or poop??

Afternoon Breakout?

Hey, whats another 150 points between EGOS.
Wow, if only I could stay away from that LUNCHTIME BS.
That would really be the "key" eh?

:D
 
Anyone have any idea what happened there? I'm referring to the sudden collapse that started around 15:27. On my 1-min ES chart the 15:28 bar gapped down 3 ticks, I don't remember seeing that between bars even on massive spikes caused by gov't reports. That was a serious collapse, news related?
 
Quote from Magna:

Anyone have any idea what happened there? I'm referring to the sudden collapse that started around 15:27. On my 1-min ES chart the 15:28 bar gapped down 3 ticks, I don't remember seeing that between bars even on massive spikes caused by gov't reports. That was a serious collapse, news related?
huge asset allocation kicked in....ala ogg
 
What happened was a big double top on the daily, with false expectations of a breakthru on an up day only supported by economic news.:eek:
 
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