Poll: Is This Pre-Crash Action?

The Answer · Mar 22, 2004

Corrective or catastrophe?

waggie945 · Mar 22, 2004

First off, what is the definition of a "crash"?
Any percentage terms?

ig0r · Mar 22, 2004

Quote from The Answer:

Corrective or catastrophe?

study history or you are doomed to repeat it

crashes dont come when half the people on an internet message board are heralding it's arrival

Mecro · Mar 22, 2004

Quote from ig0r:

study history or you are doomed to repeat it

crashes dont come when half the people on an internet message board are heralding it's arrival

Exactly!!!

new to zoo · Mar 22, 2004

Quote from The Answer:

Corrective or catastrophe?

how is corrective crack and crash ./ no catastrophe.

Pabst · Mar 22, 2004

I'll bet for every one person on ET aggressively selling rallies and adding on weakness, there's 20 traders passively buying the dips and either making a couple of hard blood points, scratching, or getting hammered. The price action SCREAMS that there's not many shorts.

ccasadei · Mar 22, 2004

You could get a bounce tomorrow... not sure how long it will last thought....

Maverick74 · Mar 22, 2004

Quote from The Answer:

Corrective or catastrophe?

The Answer is not suppose to ask a question, he's suppose to be the Answer!!!!!

Pabst · Mar 22, 2004

Quote from Maverick74:

The Answer is not suppose to ask a question, he's suppose to be the Answer!!!!!

Go hang out on a non-directional thread.

rowenwood · Mar 22, 2004

Quote from Maverick74:

The Answer is not suppose to ask a question, he's suppose to be the Answer!!!!!

good point. SPX broke a support today. If we close below this support tomorrow we'll more than likely head down to the next support.

I made a bit today selling LU and buying CRXA.