Edited by NAV, 19 July 2007 - 11:33 PM.
So far so good...
#1
Posted 19 July 2007 - 11:26 PM
#2
Posted 19 July 2007 - 11:39 PM
What happened yesterday ?
I mean't "What has happened since the rally from yesterday"
Edited by NAV, 19 July 2007 - 11:40 PM.
#3
Posted 19 July 2007 - 11:50 PM
#4
Posted 20 July 2007 - 12:00 AM
To answer your question, the last time we saw the averages down big on an opex day, based on earnings news after rallying all the way into opex was Jan 20, 2006.
Incidentally, then too, google was part of the news. GOOG had just received a DOJ request for search records and was being confrontational.
Sorry, we did not rally into OPEX then. We declined from Jan 11 - Jan 18. Jan 19 was a minor up day and Jan 20 was down big. So essentially declined into the opex from WWW, during that time.
This time, however, we have rallied into the opex from WWW.
#5
Posted 20 July 2007 - 01:24 AM
#6
Posted 20 July 2007 - 01:59 AM
?
When was the last time we saw a market meltdown on a opex day, based on earnings news, after rallying all the way into the OPEX ??.
Answer:
November 15,1992, Sp futures fell BIG! It was a great day to be short.
CORRECTION---- 1991 not 1992
#7
Posted 20 July 2007 - 02:32 AM
#8
Posted 20 July 2007 - 04:54 AM
It is hard to say the market rallied into the opex except for the NDX probably. SPX has been pretty much flat the whole week.
From the 7/11 WWW, we have rallied a whopping 50 points on SPX.
#9
Posted 20 July 2007 - 06:28 AM
Edited by Teaparty, 20 July 2007 - 06:29 AM.
#10
Posted 20 July 2007 - 06:53 AM