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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (25846)3/30/2000 5:15:00 PM
From: Johnny Canuck  Read Replies (2) | Respond to of 70600
 
Ouch. Ouch!Ouch!Ouch!

What in the world triggered the slid to 4355!

At least they closed the COMPX above my 4450 downside target in order to not create a third day of panic selling. Hopefully day three will generate some support as it has statistically in the past.

I was talking to my broker going into the close on the phone when it was down more than 200 points. I was going to bail on a number of trading positions, but I was told that the exchange data feed was overload and the all the bid and ask quotes were probably wrong. This may have contributed to the slide. As a result, I decided to ride it out.