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what the hell happened to the stock market today?

Posted on 3/16/09 at 3:02 pm
Posted by slimedog
Member since Sep 2006
981 posts
Posted on 3/16/09 at 3:02 pm


it was up 100+ a few hours ago and now it's in the red

Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/16/09 at 3:05 pm to
wave A of 4 of 5 completed.
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 3/16/09 at 3:16 pm to
The only thing my crystal ball got right was ...'and then a sell off on Monday'...

Not much of a sell off.
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
15843 posts
Posted on 3/16/09 at 3:22 pm to
quote:

wave A of 4 of 5 completed.



And to the non technicians that means?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/16/09 at 3:24 pm to
it went down because it was finished going up, for now.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 3/16/09 at 3:25 pm to
quote:


And to the non technicians that means?

supposedly it will go up to about 780-790, then tank.

If you believe the EWT. I read this stuff but I don't trade based on it. My normal buy/sell signals are to do the opposite of Col does. he always seems to be wrong
Posted by Rivers
Florida
Member since Nov 2008
3256 posts
Posted on 3/16/09 at 3:28 pm to
I bet against my own crystal ball.
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/16/09 at 3:29 pm to
I had a sweet daytrade today - long SDS at 86.97.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/16/09 at 3:57 pm to
quote:

it went down because it was finished going up, for now.





Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/16/09 at 4:06 pm to
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/16/09 at 4:11 pm to
Hah I just liked your answer.
Posted by TJG210
New Orleans
Member since Aug 2006
28349 posts
Posted on 3/16/09 at 5:52 pm to
quote:

sweet daytrade today

Not technically a day trade, but I bought AIG @ $.38 and sold today for $.90.
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