White Monday?

stinkyfelix · Oct 11, 2008

Quote from Little Joey:

Isn't monday a federal holiday?
will stock market be open?

The casino, Ooops! I meant to say stock market will be open on Monday. The bond market and banks will be closed on Monday...

bgp · Oct 11, 2008

monday the market is closed , so that will be the up day.

bgp

rock34748 · Oct 11, 2008

I have appointments all day Tue thus not available to trade. I will be trading Mon and Wed. So, using all the technical signals, calculations at my disposal tells me, hmmmm... Tuesday will be the perfect short term bounce day.

Quote from bgp:

monday the market is closed , so that will be the up day.

bgp

:

zdreg · Oct 11, 2008

Quote from bgp:

with 8 days in a row down we should have a up day.

bgp

don't forget to post after 10 days in a row.

ElCubano · Oct 11, 2008

Quote from frank grimes:

15-20%? wow that would be the selling opportunity of 6 lifetimes...wow

"swimming laps around a bottle of louey the 13th, jumping off a mountain into a sea of codine".... Little Wayne ( weeeeezy )

blackbook · Oct 11, 2008

Quote from gnome:

15-20%? Wouldn't THAT be something. Sounds a bit ambitions, but it would be nice... my friends and neighbors are feeling the pain.

we had a 1000 point move on friday, some body had to have gotten a nice chunk of that, but i agree 15%-20% in one day is a bit outrageous.

shortie · Oct 11, 2008

01/03/2001 QQQQ jumped ~+17%. so a major move like this in just one day in a major index is not unprecedented. given the current volatility, we are quite likely to see +10% daily move in SPY before October is over.

forestfire · Oct 11, 2008

Sunday and Monday, CME business as usual. Check out the website. Bond futures definitely open.

Random.Capital · Oct 11, 2008

Treasury this morning says they'll have a plan within "days" to nationalize...errrr...take equity stakes in financial institutions. That plus a guarantee of interbank loans of less than 90 day duration would probably be enough for a 10-20% gap up in something like XLF.

Volatility cuts both ways - big on the way down is usually mated with big on the way up.

outcry · Oct 11, 2008

We just finsihed the worst week in DOW's recorded history and the highest CBOE VIX intraday price ever (76.94) as well as the highest close (69.95). If there are any conclusions to be drawn here, it is that we are in uncharted territory. This could be the buying opportunity of a lifetime or a crash unlike any we've ever experienced. :eek: