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While I was out


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#1 Doug

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Posted 11 October 2007 - 03:06 PM

So I had to take my sone to practice and just before I had to leave the bottom dropped out. I stole a couple of extra minutes an d searched around for a reason and - Nothing. :cry: Came here as soon as I got back to see what the brains had to say and still no answers. I am feeling smarter all the time. B)

Can't wait to hear what the talking heads have to say.

Regards,


#2 eminimee

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Posted 11 October 2007 - 03:22 PM

the answer is simple for an ewaver..an ewaver who finally figured out where the 5th was that is.. :blush:

http://stockcharts.com/c-sc/sc?s=$OEX&p=5&yr=0&mn=0&dy=15&i=p99051463098&a=106624082&r=1319.png

#3 NAV

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Posted 11 October 2007 - 03:24 PM

Mystified - Not. This was posted on my thread this morning.


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"It's not the knowing that is difficult, but the doing"

 

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#4 milbank

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Posted 11 October 2007 - 03:27 PM

Considering that it came over the wires right before the reversal, it would appear that Turkey recalling their ambassador was the spark that ignited the bone-dry tinder that is this overbought market. Everyone is trading with tight stops and itchy trigger fingers. If there seems to be perhaps a beginning of a run for the exits, many traders are going to pull the trigger first and ask questions later.

Edited by milbank, 11 October 2007 - 03:31 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe