
Quote from NTB:
Markets are off huge in Japan for last 2 days. S&P down more than 13 overnight. Haven't seen this in a really, really long time. Something serious is happening, more than just another day. Thoughts
Absolutely nothing serious is happening. S&P emini pearced 1300. So now it has to sell off to some higher low by March, and then make a new high later on. It's bringing the big contract with it, and all the stocks are following. Just momentum. That's it. If something serious is happening, we would all be talking about it.Quote from NTB:
Markets are off huge in Japan for last 2 days. S&P down more than 13 overnight. Haven't seen this in a really, really long time. Something serious is happening, more than just another day. Thoughts
Quote from NTB:
This feels like more than your average run of the mill move. My crash senses are tingling although it's a fools game to predict that. I'm selling all the way down though, move feels real.
Quote from riskarb:
I simply don't see the downside here. I'll get long on Wednesday morning if we don't form a outside bull tomorrow, which is pretty unlikely considering the news AH.