Jump to content



Photo

Massive panic with DOW down 60 points.


  • Please log in to reply
6 replies to this topic

#1 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 10 September 2007 - 10:17 AM

CBOE put call 1.5 now. VIX up 10%. Closing on 30. You'd think DOW is down at least 200 or so, looking at these numbers.

Edited by ogm, 10 September 2007 - 10:18 AM.


#2 skyymaster

skyymaster

    Member

  • Traders-Talk User
  • 1,443 posts

Posted 10 September 2007 - 10:21 AM

Dow only represents 30 stock, not really representing the true pic. IMO Aside from Citi and JP Morgan, not a single other financial stock in there. Not surprised.
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.

#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 10 September 2007 - 10:21 AM

Posted Image
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 tommyt

tommyt

    Member

  • Traders-Talk User
  • 5,136 posts

Posted 10 September 2007 - 10:23 AM

OGM..I don't see the panic you are...I think people are gonna be freaked out though until next Tuesday...to what degree donno.

#5 traderpaul

traderpaul

    Member

  • Traders-Talk User
  • 6,034 posts

Posted 10 September 2007 - 10:24 AM

CBOE put call 1.5 now.

VIX up 10%. Closing on 30.


You'd think DOW is down 200 or so, looking at these numbers.

Excatly.....Pull that rug wile you are looking up.......
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#6 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 10 September 2007 - 10:26 AM

OGM..I don't see the panic you are...I think people are gonna be freaked out though until next Tuesday...to what degree donno.



I think people are already freaked out. Look at Semibiz posting about commericial paper. I asked him to explain what he knows about commercial paper, but he put me on ignore, since he couldn't come up with an answer :) Apparently he took it off, since he couldn't resist posting a picture.

Edited by ogm, 10 September 2007 - 10:27 AM.


#7 skyymaster

skyymaster

    Member

  • Traders-Talk User
  • 1,443 posts

Posted 10 September 2007 - 10:27 AM

Posted Image

:D :P :lol: :clap:
People should not be afraid of their governments. Governments should be afraid of their people.

Remember this day, men, for it will be yours for all time.