Market Open : Sept 11, 2008
Just look at the breadth 12 minutes into the trading session.. wow..
http://screencast.com/t/C0HvdiA53
Just look at the breadth 12 minutes into the trading session.. wow..
http://screencast.com/t/C0HvdiA53
Airport at 4am.. bleh. I just hope I miss the early morning showers/storms they’re predicting back in Gainesville today.
Total Contracts Traded: 11
I sold off the rest of my STT contracts yesterday as they report this morning. One of two things will happen. When they report, the selloff will be horrible and I’ll feel bad for [...]
Quick update on the crude front. Crude just hit $139.89 early this morning which may be the reason why futures have taken a large hit pre-market. Crude is currently trading at $138.35. I know Goldman and others were predicting crude to $150, but who knows. Maybe we’ll see $150 by the end of the week?
Okay.. someone explain to me what the heck just happened. Here’s a 1 minute chart of the Q’s.
Around 2:30 (yes, that 2:30 reversal period), the Qs and the rest of the market went right down the toilet. I think the bears were mocking the bulls and were loading up just to give them some false [...]
No trades taken yesterday due to other commitments. I was around in the morning and could have traded a perfect short on Visa but was unable to pull the trigger. I’ve noticed that happening more and more as of late which reminds me of my trading fears about 3 months ago after the markets crashed [...]