why there is sudden down?

Well stock I gave you another shot and took you off ignore, but back on you go. Yoa are such a child, I see you now respond to your OWN posts, ugh. I think you are going to have to learn the hardest lesson to figure it out. You are going to have to blow up. I wish that on no one, but your arrogance and sheer stupidity, well you come the closest.
 
Quote from stonedinvestor:

Here we are folks an hour earlier than yesterday and we should start going down any minute. Ready to lose all these gains....

6.80 x 7.20 SPX slips BELOW last pullback low & takes out intraday mov avg support on 5 min chart
13:09:04 Comment BIDU slips below initial price support at 310

13:00:19 Comment KEY intraday support levels on some of the market high flyer leaders : AAPL,164,GOOG 623 & BIDU,310

still waiting...:confused:
 
<i>"Northern lights hybrids that grow outdoor in the US? I've never come across that..."</i>

Crossed back a few times with some skunk, and she ripens around the third week of September. Susceptible to molds during wet periods because bracts are so dense, can't let it go too far past peak or nothing left but black goop on a stalk.

Does real well in the loamy bottomlands with direct sun exposure. At least that's what I've been told.

*

Peke, indexes didn't drop because they hit a B-Band. Indexes dropped because they were grossly extended x-deviations to the b-band, and a catalyst lit the dry tinder.

If ECB head had noted they were deeply concerned about the debt crisis and may soon have to cut rates aggressively, markets would have blown thru that upper b-band like it wasn't even there. If a buy rating upgrade on BIDU and all China stocks were issued, same reaction. If one of the Fed governers were speaking somewhere and noted we are at the start of a rate-cut cycle, SPX would be trading 1620+ tonight.

B-bands (and other tech analysis tools) showed price action at extreme layers of resistance. But... we still need a catalyst to turn the tape over. News events, scheduled or impromptu are that match to awaiting gasoline.

News events are very tradable, often highly predictable. One of the few constants in an endless sea of variables with our profession here.
 
Quote from jimcrist:

The rate of the drop combined with the duration was pretty impressive. I think it had something to do with the elimination of the uptick rule. I'm an equities trader and almost half of my trades are shorts but I think the elimination of the uptick rule was a mistake. Fear is a stronger emotion than greed and I think the uptick rule kept things in balance.

Why a mistake? Sounds like opportunity to me. Days like yesterday can make someones month or even year. When fear is rampant, professionals thrive. Any and all changes that exacerbate fear are quite welcome in my book.
 
.....she ripens around the third week of September..... Ah just in time for the great festival! When we done our funny hats and drink to our ancestors while running naked into the flaming pyre. All good fun. Yum.~ stoney...
 
This is crazy boys and gals. Normally I might rush to call a bottom on a day like today... With all the money flowing out of US funds we are vulnerable to a late and sneaky thrust down today... Not to mention China ought to tumble out of bed. Be careful~ stoney
 
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