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View Full Version : Dow -650

ayzo
10-22-2008, 02:43 PM
What a brutal day

The yen is at 97.31

Oil is at 66.41

Gold at 723
AdamLX
10-22-2008, 02:51 PM
At least mortgage rates are improving again :D
Big Thumper
10-22-2008, 03:02 PM
Just when you think its somewhat stable...BOOM
grove rat
10-22-2008, 03:14 PM
rut-roh
kangol
10-22-2008, 03:16 PM
Just when you think its somewhat stable...BOOM

Who thought it was somewhat stable?
01WhiteCobra
10-22-2008, 03:18 PM
It's all good.
thesource
10-22-2008, 04:36 PM
It's all good.


It is .... I'm getting use to the huge swings and learning to watch for heavy drops in stocks on days like this . They can be played very short term and make 20-40% back in a matter of a few days . I've got my eye on that SSO and might pick up some if it drops below $25.00 .
01WhiteCobra
10-22-2008, 04:37 PM
It is .... I'm getting use to the huge swings and learning to watch for heavy drops in stocks on days like this . They can be played very short term and make 20-40% back in a matter of a few days . I've got my eye on that SSO and might pick up some if it drops below $25.00 .

It's trader's nirvana at the moment.
FreightTrain
10-22-2008, 04:45 PM
Seems like the Dow has been loving the 8500 range over the last few weeks. You get a few consecutive days of soild gains and then you have one day of sell offs/losses that bring it back down to the 8500 range. This process has been repeating it's self over the last few weeks.
TexasDevilDog
10-22-2008, 10:48 PM
I never jumped back in the market last week, still sitting on a pile. Wish I would have unloaded my gold though. :o
01WhiteCobra
10-22-2008, 11:09 PM
Seems like the Dow has been loving the 8500 range over the last few weeks. You get a few consecutive days of soild gains and then you have one day of sell offs/losses that bring it back down to the 8500 range. This process has been repeating it's self over the last few weeks.

It's called a range bound market. Fun stuff.