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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (36648)9/6/2005 3:33:57 PM
From: ild  Read Replies (1) | Respond to of 116555
 
RE: 9/11 <<<it dropped from the minute the markets reopened>>>

It was PPT's mistake that they didn't distribute "Greenspan puts" beforehand. Now their mistake is fixed, every smart trader had received his free allotment of them. -ng-



To: patron_anejo_por_favor who wrote (36648)9/6/2005 4:09:08 PM
From: PAST  Read Replies (2) | Respond to of 116555
 
>>Nah, it dropped from the minute the markets reopened, until it bottomed out..<<

Nice chart. Take another look at it and you will see that I am correct. The event of 9/11 occurred DURING the weekly bar of 9/10 on your chart. Thus, the market moved up for the first part of the week then closed starting downward and was then followed by the big drop the next week.


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