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Crash part II


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#1 Tor

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Posted 24 October 2008 - 04:37 AM

This thing is imploding like we've never seen anything before. I have never experienced anything like this ever.
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#2 AChartist

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Posted 24 October 2008 - 04:46 AM

Repeat after me, no buying, bottom picking, knife catching until low 600's, although
low 700s can bounce back to mid 800's one time.

It's financial (t) error - ism, ready to buckle under yet, ok maybe 600's will do it.


This thing is imploding like we've never seen anything before.

I have never experienced anything like this ever.


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#3 hedgehawk

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Posted 24 October 2008 - 04:52 AM

Now it is getting interesting. :lol:

#4 redfoliage2

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Posted 24 October 2008 - 05:08 AM

This thing is imploding like we've never seen anything before.

I have never experienced anything like this ever.

If this is true (limit down), we already at the limit for today with ES -60 with little volumes. Now, I'd expect some kind bounces. At least, Hank will buy some financials.

Edited by redfoliage2, 24 October 2008 - 05:10 AM.


#5 danzman

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Posted 24 October 2008 - 05:10 AM

Is it going to be black or greyish Friday? Look at that 10% level before the boys come in. Lows are toast. Greenspan basically said the problem with free markets is freedom. Wow...Monday buy...I'll post it when the COT comes out. D
I don't make predictions, I just react.

#6 Swiss Trader

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Posted 24 October 2008 - 05:14 AM

This thing is imploding like we've never seen anything before.

I have never experienced anything like this ever.

If this is true (limit down), we already at the limit for today with ES -60 with little volumes. Now, I'd expect some kind bounces. At least, Hank will buy some financials.


This is not the limit down for today.
This is the limit down until the cash index will open
If the European markets will go lower, we could have a large spike down

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#7 milbank

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Posted 24 October 2008 - 05:15 AM

Perhaps they were at some time in 2000 but, I don't recall seeing the futures this low before. This could be the big one.

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#8 bobalou

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Posted 24 October 2008 - 05:28 AM

the pig boys are short..can you hear them,,,feed me,, feed me,, vote for me I' ll make it free.. this could me the best buy of your life..you could make 30% today.if you have fast fingers.. next week the market could be up

#9 The End

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Posted 24 October 2008 - 05:38 AM

And Neely missed it all. In fact he has been long for the last few days.
NONE of what I type should be taken as financial advice.