Until then watch the market break below those selling climax lows like a hot knife through butter...
Like I said, any little pop....
Edited by xD&Cox, 02 March 2007 - 12:20 PM.
Watch the bonds if you want to catch a ST bottom
Started by
A-ha
, Mar 02 2007 12:19 PM
2 replies to this topic
#1
A-ha
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Posted 02 March 2007 - 12:19 PM
When 20/30 year gets real rampant, that will pause the bleeding in the stock market, for a short term.
Until then watch the market break below those selling climax lows like a hot knife through butter...
Like I said, any little pop....
Until then watch the market break below those selling climax lows like a hot knife through butter...
Like I said, any little pop....
#2
arbman
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Posted 02 March 2007 - 12:24 PM
The securities lending started to pick up the dealers are now borrowing more. They are going to give the most discount on the volatile growth stuff and they started to diverge lower. This is probably the last 1-2% decline before a short term bounce at least. When the dealers borrow though, it usually means 2-3% move...
Edited by kisacik, 02 March 2007 - 12:25 PM.
#3
A-ha
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Posted 02 March 2007 - 12:32 PM
There is a ton of money used to fill those gigantic gapdowns of the last few days... they will all loose what they made plus suffer further....There are very consistent rules of selling climaxes.
Edited by xD&Cox, 02 March 2007 - 12:33 PM.
