I’m looking at the futures and I am wondering how many times we can gap down and recover above 820. I’m guessing not too many. We need a clean cut through, like a scorching knife through butter – a gap down that is unable to fill intra-day, you know…one of those “OH SHIT!” gap downs.
If you are going to short later today, which sector(s) would you short? You may choose multiple answers.
The PPT is looking FAStastic! Here are the machine’s current readings:
1) Market Overview/Top & Bottom 10 Stocks:
2) Top & Bottom 10 Industries/Top & Bottom 10 ETFs:
3) Stocks Recently Upgraded to Strong Buy/Downgraded to Strong Sell:
There are a lot more features, but this is all for now. Goodnight.
If you enjoy the content at iBankCoin, please follow us on Twitter
No sweat on covering the gap down, another rumor will leak and we’ll spike up
I noticed that daily trend too. Those fuckers.
Saw a tweet on enormous Asian dollar buying, if the Yen is down it will help. It seems like a good time to gap down and slide though, the mirage of 800 seems very real and Obama signing a bailout is bullish to lotsa peoples
Sorry, I can’t SHORT anymore. 300% SHORT from 9/19 and 1/6. Why would you wait until later today? Ever hear of BIG SWING trading? I SEE DEAD BULLS.
Looks like an “OH SHIT” gap down
its about time for the daily PPT rumor to reverse this day LOL
How about an impromtu poll- If you have to bet all your marbles on a 100-250 point swing in the last 10 minutes before the close which way will it go? You know its gonna happen.