I will be buying at the close, I have a long position but I will be making additional purchases to get a substantial position. This is pure panic and we'll likely gap up on Monday from these panic prices.
Bernanke getting re-elected as Fed chairman would erase today's gains in all likelihood. This market is knifing through support, but there is some more support in the 1080-1085 zone on ES.
We could have a Black Monday, I just think the amount of volume today spoke to a lot of panic already having occurred.
Long more EDC @ 115
ReplyDeletelong da wing wang up in dis bitch
OL DAWG
This correction sucks!
ReplyDeleteOnce again i ask. What is the catalyst to gap up?
ReplyDeleteAnswer, Bernanke is getting fired.
I bought some spy calls!
He needs 60 votes.
ReplyDelete59 democrats in total.
57 total votes for him because 2 democrats will vote against him.
41 republicans, a lot of them will vote for him.
These people aren't stupid they have a lot of money in stock, they will vote him in.
wE'RE TALKING ABOUT BANANA BEN HERE.
Bernanke getting re-elected as Fed chairman would erase today's gains in all likelihood. This market is knifing through support, but there is some more support in the 1080-1085 zone on ES.
ReplyDeleteWe could have a Black Monday, I just think the amount of volume today spoke to a lot of panic already having occurred.
If Asia & Europe selloff, I'll selloff too, even at these low prices, but I'll repurchase at a lower price toward the end of the day.
ReplyDelete