Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (4736)	1/7/2009 9:18:10 AM
From: RockyBalboa	Read Replies (2) of 6370

I´m scanning news for any hint what happened at 8:15 am sharp. The ESTX didn´t move for three hours despite livid European trading and was glued to 2570. Then suddenly it crashed. At the same time... currencies haywired. The german govt bond possibly drew a bottom at mid..122. Since that time it recovered its interim losses, while the shorter maturities turned green. EDIT: I see - the market were dealt some more blows. The ADP Job report with some 693k unemployed for december, and then Intel warns.

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