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To: Jack of All Trades who wrote (9162)10/29/2008 10:57:08 PM
From: skinowski  Read Replies (1) | Respond to of 41481
 
Hard to imagine that S-T traders can drop the market about 45 SP points in 10 minutes - but who knows. The volatility is nuts. At this time futes are 22 points up, which would be unusual not too long ago. Now, it's... almost boring. May turn in 5 minutes.

How have you been navigating al this? Doing well? Forkin' it in? -g



To: Jack of All Trades who wrote (9162)10/30/2008 10:42:46 AM
From: Perspective  Read Replies (1) | Respond to of 41481
 
Watching FTSE, it sure looks like they're getting well into their 4 of the big C.



Some crazy TLs there out of the lows need to fail and bring on a retest. They've been driving up at a climb rate of 5%/day!!!



Not saying they're done with the 4 yet, but they need to break that silly TL and pull back to set up a more reasonable one at some point pretty soon. They tried to break it, but reacquired it yesterday. Looks like it might be up for a test soon.

`BC