The monster buying/impressive market reversal we saw on Friday closing bell...... was due to the big boys were tipped off..."Big annoucement next week on Monday or Tuesday, ABK will be rescured". When this annoucement is being released, we'll see mini rally of the market over all next week. The big boys were covering or buying so they can sell to the small guys in the coming up rally, in the NT. Be careful of short positions, especially in the financials next week... one might get burned real bad.
QUOTE]Quote from day7793:
SHORTING IS EXTREMELY RISKY IN THIS MARKET. YOU WILL INCUR HUGE LOSSES.
This was a monster class buy program that hit Friday Feb 22, 2008, well timed, and well exceuted. About 20% of day's volume unleashed in last 1/2 hr. I mean it was a Tsunami that leveled all these shallow water fishes, pirhanas, crocodiles and shorts, that were swimming in it eating people's lives and limbs for 2 days of relentless selling.
Whoever did it, I salute them. May you unleash this again, please.... [/QUOTE]
QUOTE]Quote from day7793:
SHORTING IS EXTREMELY RISKY IN THIS MARKET. YOU WILL INCUR HUGE LOSSES.
This was a monster class buy program that hit Friday Feb 22, 2008, well timed, and well exceuted. About 20% of day's volume unleashed in last 1/2 hr. I mean it was a Tsunami that leveled all these shallow water fishes, pirhanas, crocodiles and shorts, that were swimming in it eating people's lives and limbs for 2 days of relentless selling.
Whoever did it, I salute them. May you unleash this again, please.... [/QUOTE]