hello red, i like ur comments on whole situation & i continue to follow u, cause the us market could affect on our market ie bse, nifty.. my opinions (not statistics as i do not understand it) r very much match with ur so i had took put options one week urlear well'see what happen next. As we r very very bullish (&fullish too) on our future prospects. our market level is not fullfill the actual requirment………
They stopped just a little bit short of filling the gap on the spy and spx… which means we go down further, as they rarely leave a gap not filled before reversing the other direction.
Hey hey Red, not so fast! lol On May 6th the DOW was just about even at noon and drifted minus 150 points at 2p.m. EDT. Then over a 4 minute period we fell 560 points. It is early in the day, let’s look at some comparisons of May 6th trading and today. • Gold was up big on May 6th , it hit 1200. Today it is up over 1 percent to 1209.99. 999, lol. • Financials were leading the way down and are also doing the same today. GS, BAC, C and JPM. • Retails were also down and are also acting the same way today. TGT, GAP, Macys, Nordstrom.
The biggest laugh of all, circuit breakers do not kick in after 2:30 P.M. I will be back later this afternoon, fingers crossed!
Red, what is the Gap level on SPX? SPX Made a low of 1107.17
hello red,
i like ur comments on whole situation & i continue to follow u, cause the us market could affect on our market ie bse, nifty.. my opinions (not statistics as i do not understand it) r very much match with ur so i had took put options one week urlear well'see what happen next. As we r very very bullish (&fullish too) on our future prospects. our market level is not fullfill the actual requirment………
They stopped just a little bit short of filling the gap on the spy and spx… which means we go down further, as they rarely leave a gap not filled before reversing the other direction.
Burn baby burn… LOL!
Reality setting in. Time to feed the bears and they are hungry………….
Hey hey Red, not so fast! lol On May 6th the DOW was just about even at noon and drifted minus 150 points at 2p.m. EDT. Then over a 4 minute period we fell 560 points. It is early in the day, let’s look at some comparisons of May 6th trading and today.
• Gold was up big on May 6th , it hit 1200. Today it is up over 1 percent to 1209.99. 999, lol.
• Financials were leading the way down and are also doing the same today. GS, BAC, C and JPM.
• Retails were also down and are also acting the same way today. TGT, GAP, Macys, Nordstrom.
The biggest laugh of all, circuit breakers do not kick in after 2:30 P.M. I will be back later this afternoon, fingers crossed!
Best regards, Pzy5t0
Yep… that's what happen girl. I knew it was possible, but I was still more bearish then bullish. I'm sure we will close green today too.
Well gang… at this point it's looking like we go up to DIA 118.16 first, as the bears had their chance but support held for the bulls.
Red what did I say last night about even if the number was terrible, they will push it up! 🙂
Pretty big fill move.
these markets will turn green today. cards are delt we chop for a while longer then break up.