Jump to content



Photo

There are no buyers in the market


  • Please log in to reply
2 replies to this topic

#1 stocktrender

stocktrender

    Member

  • Traders-Talk User
  • 339 posts

Posted 31 August 2010 - 01:31 PM

That is what I sold into as well. We should go down hard probaly tomorrow morning. It could turn of course and people might start buying the close again but right now we have no buyers. Market could go down alot from here.

#2 hitoya

hitoya

    Member

  • Traders-Talk User
  • 494 posts

Posted 31 August 2010 - 03:24 PM

That is what I sold into as well. We should go down hard probaly tomorrow morning. It could turn of course and people might start buying the close again but right now we have no buyers. Market could go down alot from here.


Buyers showed up after cash close :).

#3 stocktrender

stocktrender

    Member

  • Traders-Talk User
  • 339 posts

Posted 31 August 2010 - 03:30 PM

That is what I sold into as well. We should go down hard probaly tomorrow morning. It could turn of course and people might start buying the close again but right now we have no buyers. Market could go down alot from here.


Buyers showed up after cash close :).

Yeah, thats what it looks like or maybe shorts just covered to go home with a nice gain. :lol: We shall see where we open tomorrow. I have a feeling it will not be where we are right now.