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Message

First ever intra-day +700 point gain
Posted on 10/13/08 at 2:46 pm
Posted on 10/13/08 at 2:46 pm
I'm so shell shocked though I have no idea what to do or how to feel.
Posted on 10/13/08 at 2:48 pm to Cash
Yet still down 8% for the last 5 days.
Posted on 10/13/08 at 2:54 pm to sec13rowBBseat28
I'm seeing +923
edit: 986
edit: 986
This post was edited on 10/13/08 at 2:54 pm
Posted on 10/13/08 at 2:54 pm to sec13rowBBseat28
825...climb baby climb.
this is gonna make tommorrow interesting as hell
this is gonna make tommorrow interesting as hell
Posted on 10/13/08 at 2:56 pm to Colonel Hapablap
quote:
I'm seeing +923
edit: 986
where
Posted on 10/13/08 at 3:00 pm to Cash
So between early morning on Friday and right now we are seeing a 18% or more swing. This is unreal. Might lose it all by tomorrow at noon also.
Posted on 10/13/08 at 3:01 pm to sec13rowBBseat28
what a fricking day

Posted on 10/13/08 at 3:02 pm to footballislife
I have some roller coaster software for my Wii that doesn't get me this dizzy!!
Posted on 10/13/08 at 3:06 pm to Cash
quote:
where
ThinkOrSwim.
Looks like it closed +931.
S&P closed at 995, up 96.08.
Posted on 10/13/08 at 3:35 pm to Colonel Hapablap
So what's next? Tomorrows Game Bulls vs. Bears is a pick 'em.
Bears have homefield because they have earned it this season.
Over/Under (Volatility) 29
Anyone have a clue?
Bears have homefield because they have earned it this season.
Over/Under (Volatility) 29
Anyone have a clue?
Posted on 10/13/08 at 3:40 pm to Pierre
quote:
So what's next? Tomorrows Game Bulls vs. Bears is a pick 'em.
Is Jordan playing?
Posted on 10/13/08 at 4:18 pm to Geaux5000
I would guess a small decline tomorrow but who the hell knows. 
Posted on 10/14/08 at 12:06 pm to Cash
Why are/were you shell shocked? Point gains or losses are not as significant as % gains or % losses.
If you pay attention to the VIX you would know to expect these huge price swings and it wouldn't be a surprise. With the VIX at 75 last week then you were looking at a lot of fear and basically you could see huge swings. Normal reading for VIX is 17.
Did you make money with the point movement?
I could see if you were holding UYG puts and had this huge percentage gain in that holding. Then being shell shocked would seem like an appropriate reaction.
If you pay attention to the VIX you would know to expect these huge price swings and it wouldn't be a surprise. With the VIX at 75 last week then you were looking at a lot of fear and basically you could see huge swings. Normal reading for VIX is 17.
Did you make money with the point movement?
I could see if you were holding UYG puts and had this huge percentage gain in that holding. Then being shell shocked would seem like an appropriate reaction.
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