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FF: Crash!


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#1 jjc

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Posted 02 October 2008 - 01:20 PM

Put your on your helments.

#2 traderpaul

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Posted 02 October 2008 - 01:25 PM

Why?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#3 trioderob

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Posted 02 October 2008 - 01:29 PM

you are right down we go !

#4 tradesurfer

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Posted 02 October 2008 - 01:30 PM

Larry pesavanto is calling for a crash next week, between the 6th and the 9th of Oct... looking for at least DOUBLE the number of points (compared to the 777 down day) down in the DJIA. so 1500 to 2000 points

says exact same astro aspects exist during next week each day as existed in the panic of 1837

i been reading up on the panic of 1837 and it sounds eerily similar to what is happening now...

also lets not forget the employment report comes out tomorrow morning 8:30 am

lock in your positions before the close today


http://en.wikipedia....i/Panic_of_1837

Edited by tradesurfer, 02 October 2008 - 01:32 PM.


#5 eminimee

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Posted 02 October 2008 - 01:30 PM

1120/1121 ES could be a good buy if we hold...fwiw

#6 BigBadBear

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Posted 02 October 2008 - 01:32 PM

oh boy here we go..........well time to start scaling into longs

#7 beta

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Posted 02 October 2008 - 01:35 PM

LOB
"Daytrading -- An Extreme Sport !"

#8 jjc

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Posted 02 October 2008 - 01:42 PM

1120/1121 ES could be a good buy if we hold...fwiw


OEX level; 530 has been broken.

#9 spielchekr

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Posted 02 October 2008 - 01:47 PM

1117.66 is crash momentum on the 50ma today, per 1987 standards. Loose that and it's all over.

#10 Cirrus

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Posted 02 October 2008 - 01:55 PM

I've been short XLE, IWM and XRT. I'm still just a few % green on the year after being up over 10% recently. Those ETF short hedges aren't keeping up with my few longs in the sectors. I've even done a respectable (not outstanding by any means) trading around positions and shorting. This is as tought as I've seen it.