Pat494 said:Think I will limp off to the sidelines on this one - only a small loss
firewalker99 said:One hour later...
Volume really dropping off, it's going to happen soon now!
Pat494 said:Out from my long just in time. Only a small retracement imHo ?
29Investments said:I'm short looking for 12740 at least
firewalker99 said:12740? you have to be kidding?
or what time frame are you trading from?
Pat494 said:Good call FW. I think 740 is a bit optimistic though. I guess if you are short you got in about 12960 ?
I'm waiting a little more on this one
Pat494 said:Apparrently the causes of this sudden drop were higher oil prices - nearly $68 and the chaos in Nigeria.
There may be a bit of strength in the Nasdaq though which shoud pull up the Dow etc.
firewalker99 said:That's if you believe the news
I'm holding on to the second part of my short... leaving it open till the market closes...
laptop1 said:Remember guys, all very well just looking at the DOW making all time new highs. The Nasdaq and S&P have not made all time new highs.
Dow had made all new time high
S&P........ 5% to go, untill all time new highs are hit
Nasdaq.. 160% to go, untill all new time highs are hit
laptop1 said:Remember guys, all very well just looking at the DOW making all time new highs. The Nasdaq and S&P have not made all time new highs.
Dow had made all new time high
S&P........ 5% to go, untill all time new highs are hit
Nasdaq.. 160% to go, untill all new time highs are hit
laptop1 said:The significance is, you cant make a judgment the dow cannot go higher. I would like to see the s&p make new highs before the big bear starts as we are so near to it.