This Market Sucks!!!

blackjack007 · Feb 22, 2008

bond insurer bailout plan will be announced early next week

Nasdaq5048 · Feb 22, 2008

And by the way, there were all kinds of divergences (NYSE tick and a 15000 vol chart) from the chart that i watch. Not a surprise at all.

newguy05 · Feb 22, 2008

so there was no news?

mad_badger · Feb 22, 2008

Quote from Nasdaq5048:

In these market condition, it doesnt take a lot to spike it 10-20 handles in a matter of minute. if you havent learned your lesson then and adopt to the new condition, good luck in the following weeks.

exactly.
Strike 1 -- its Friday
Strike 2 -- down day, downish week, everyone comfortable in their shorts

what were you expecting?

Then again, what do I know, I'm just a glorified ferret.

moo · Feb 22, 2008

Quote from blackjack007:

bond insurer bailout plan will be announced early next week

Bullshit! Someone really desperate spreading rumors.

Aaron Copland · Feb 22, 2008

Nice base was built for the last 4 hours, then circulate some bullish rumors and presto.

Fangdog · Feb 22, 2008

Quote from retire45:

THIS MARKET SUCKS!!!

Why don't you play it both ways, then it doesn't make a peckers-damn what is the news, more important, your bias one way and one way only.

JORGE · Feb 22, 2008

Whether you like CNBC or not, today is a good example of why you should have it on. 20 pt SPX move on Gasparino story.

nyxtrader · Feb 22, 2008

If my memory serves me correct, this happened last friday too.

trickshot · Feb 22, 2008

It was pump and dump just a couple of days ago, now we have trap and squeeze.