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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (12797)9/26/2011 6:19:55 AM
From: pcyhuang  Read Replies (1) | Respond to of 33421
 
Re: Crash Alert


>"The action on Friday (and Saturday in the case of 1929) is uneven, often ending choppily steady or somewhat weaker.

"Then on Monday, the trapdoor opens with liquidation and margin calls bringing tsunamis of selling.

Unlikely to happen this time. Because on Friday's trading many important futures market ended to have this characteristic: cash market had a positive PREMIUM over the futures market.