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Black Monday Coming???


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#1 SemiBizz

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Posted 02 February 2007 - 02:39 PM

If Shanghai goes down another 5-10% on Sunday Night, just think of what Monday Morning's opening will look like... :bear:
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#2 Frac_Man

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Posted 02 February 2007 - 02:50 PM

I have a BIG fractal drop coming for the DOW 30 on Monday

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If Shanghai goes down another 5-10% on Sunday Night, just think of what Monday Morning's opening will look like... :bear:



#3 eminimee

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Posted 02 February 2007 - 03:03 PM

I don't know about a Black Monday.....but I think we could see a move to 1400 area relatively quickly on spx. There is risk...big risk in this market right now.

#4 fib_1618

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Posted 02 February 2007 - 03:13 PM

If Shanghai goes down another 5-10% on Sunday Night, just think of what Monday Morning's opening will look like...

Well, if we use recent 5% decline in the Shanghai market as a proxy, wouldn't you think our markets would be up as money would again rotate into our markets as it did two days ago?

Shrug...maybe it's a simple case of who's actually leading who...if at all??

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#5 CLK

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Posted 02 February 2007 - 03:13 PM

I took a little back off here, only because Feb. otm. The market usually takes more than a day or two to top, I've not been that patient in the past. Down market next two weeks.

#6 denleo

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Posted 02 February 2007 - 03:16 PM

And if Shanghai goes up?????????????????????????? The probability seems to be 50/50 here. Denleo

#7 SemiBizz

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Posted 02 February 2007 - 03:23 PM

Something about a falling knife I remember from somewhere....
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#8 maineman

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Posted 02 February 2007 - 03:24 PM

A little help, please. Could some of you who are calling for a big imminent decline please tell me what you are seeing? thanks, mm
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#9 mss

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Posted 02 February 2007 - 03:35 PM

:P Friday afternoon guess party for Monday -- "I told you so blah,blah" :lol: :cat:
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#10 SemiBizz

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Posted 02 February 2007 - 03:36 PM

China's a very speculative parabolic market.... Market doesn't seem to have much taste for these high-flyer speculative US stocks either.... even when they mark them down 25-30 pts...

http://bigcharts.mar...&mocktick=1.gif

So much for the "Michael to the Rescue Rally" ...

http://bigcharts.mar...&mocktick=1.gif

No worries.. HPQ will take up the slack.. er uh Wooops.....

http://bigcharts.mar...&mocktick=1.gif

Edited by SemiBizz, 02 February 2007 - 03:40 PM.

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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics