This is looking like a BEAR market

[xandman]

I think it's time to do some spreads.

 

[SunTrader]

I think it's time to do some spreads.

Don't ya just loves "gaps"?

 

[easymon1]

 

[SoyUnGanador]

I don't see the crash you predicted occurring at all. In fact, if you collected "inverses" after market close yesterday or this morning they either returned a rather modest return or even lost money.

NASDAQ down well over 2%, SP500 down almost 2%, as we speak? I get it that maybe its not a "crash", sure. But it sure hurts!!!

 

[nitrene]

The sentiment is incredibly negative but still no panic, yet. I'm still waiting for the panic to happen.

If this market closes at the low there is a big chance of panic on Sunday afternoon when the CME opens. It could be a lock-limit down (-5%) scenario. That could be the bottom -- you never know.

 

[murray t turtle]

I don't see the crash you predicted occurring at all. In fact, if you collected "inverses" after market close yesterday or this morning they either returned a rather modest return or even lost money.

%%
Crashes seldom happen;
good 3x inverse bear moves with ETFs, with 15 minutes til close

 

[SoyUnGanador]

Further capitulation at the end, Naz ending down 2.72%. Brutal. I see no glimmer of hope at all, look out below!!!

 

[Nine_Ender]

Further capitulation at the end, Naz ending down 2.72%. Brutal. I see no glimmer of hope at all, look out below!!!

You seem to be inexperienced and lost. Why are you investing in IT which has been in a clear correction for months ? Gee, I wonder if any of my energy stocks can make money at $84-$85 Oil; guess we'll find out soon I maintain some "hope" that they will. I guess I see opportunity when you see only doom.

 

[SoyUnGanador]

You seem to be inexperienced and lost. Why are you investing in IT which has been in a clear correction for months ? Gee, I wonder if any of my energy stocks can make money at $84-$85 Oil; guess we'll find out soon I maintain some "hope" that they will. I guess I see opportunity when you see only doom.

I am trying to buy when they are cheaper?

 

[nitrene]

I still think Sunday is the key. If it doesn't tank immediately at the open, the selling might be over. The only problem is the Asian & especially the European bourses are surely going to tank at the open.