I_Am_Madness Posted October 10, 2008 Report Share Posted October 10, 2008 GS just tagged the September lows at 86. 698543[/snapback] 82.50 Link to comment Share on other sites More sharing options...
Yaryman Posted October 10, 2008 Report Share Posted October 10, 2008 I'll say it again, we have been giving hundreds of billions of extra money to our oil rich friends these past couple years. Now they will swoop in and buy American companies on the cheap. Oil goes up they win. Oil goes down they win. To repeat my bottom call, 6437 on the Dow. - Same price it was on Dec. 5th 1996. That's the day Easy Al uttered those two famous words - "Irrational Exuberance". Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 10, 2008 Report Share Posted October 10, 2008 one of the Ugliest breaks on daily chart I've ever seen on that one.... 698544[/snapback] Free fall'n... Link to comment Share on other sites More sharing options...
phatbubble Posted October 10, 2008 Report Share Posted October 10, 2008 Europe now down 9-11%, at least 2 countries halted Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 10, 2008 Report Share Posted October 10, 2008 How bout a violent 600 point drop out of the gate follow by a 1,200 point jam into the close? Link to comment Share on other sites More sharing options...
Trader Joe Posted October 10, 2008 Report Share Posted October 10, 2008 Reminder: Scam Week is next week Link to comment Share on other sites More sharing options...
Yaryman Posted October 10, 2008 Report Share Posted October 10, 2008 Great, NOW a credit agency is Johnny on the spot with a rating. "NEW YORK (AP) -- Credit ratings agency Moody's Investors Service late Thursday said it placed a negative outlook on the long-term rating of Goldman Sachs Group Inc." Sorry Moody's you are just a guilty as the rest. Link to comment Share on other sites More sharing options...
Lemur Posted October 10, 2008 Report Share Posted October 10, 2008 How bout a violent 600 point drop out of the gate follow by a 1,200 point jam into the close? 698550[/snapback] Have you still got that YM long? Link to comment Share on other sites More sharing options...
Yaryman Posted October 10, 2008 Report Share Posted October 10, 2008 Reminder:? Scam Week is next week 698551[/snapback] I think that's part of the problem. Folks who sold naked puts are in a shit storm of Biblical proportions. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 10, 2008 Report Share Posted October 10, 2008 I would advise everyone to play smaller than normal in these futures markets right now...you can still make plenty of money with these moves, and not risk total annihilation of your trading account. you never know when they might shut things down, and give you a good assf***ing on the reopen...... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 10, 2008 Report Share Posted October 10, 2008 Have you still got that YM long? 698553[/snapback] Nope... Got out for 50+ points. Left about 100 on the table. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 10, 2008 Report Share Posted October 10, 2008 I think that's part of the problem. Folks who sold naked puts are in a shit storm of Biblical proportions. 698554[/snapback] A lot of them must be blown out already.....or on the open today I would think... Link to comment Share on other sites More sharing options...
DrStool Posted October 10, 2008 Report Share Posted October 10, 2008 my precious - http://wallstreetexaminer.com/?p=3244 Link to comment Share on other sites More sharing options...
astral mike Posted October 10, 2008 Report Share Posted October 10, 2008 RUT pattern breakdown targets 450. However seems to be showing relative strengh atm... Link to comment Share on other sites More sharing options...
Lemur Posted October 10, 2008 Report Share Posted October 10, 2008 I would advise everyone to play smaller than normal in these futures markets right now...you can still make plenty of money with these moves, and not risk total annihilation of your trading account. you never know when they might shut things down, and give you a good assf***ing on the reopen...... 698555[/snapback] .... if you're short or either way? Link to comment Share on other sites More sharing options...
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