SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (3332)8/24/2015 12:52:45 PM
From: Kirk ©1 Recommendation

Recommended By
Return to Sender

  Read Replies (1) | Respond to of 26638
 
It was weird.
With all three indexes halted and a gap down that I saw at 830 on the dow (not sure if it went lower) that's some strong price action.
Fidelity would not let me review my orders. I updated my buy and sell levels for the newsletter this weekend and had not implemented them all before the open as my girlfriend wanted to spend time with me yesterday and windsurfing beckoned me after sending it out on Sat... so I missed one I wanted for my own account but got some others.

I got on the horn with Fidelity to try and find out why I could not review my orders at such a critical time... but was still on hold in the queue when it came back up so I hung up. It seems like some sort of Flash Crash event where having our nets out really helped.

if it is a repeat of 2011.... then we'll get a nice bounce to take profits and a revisit of the lows around Halloween...

but if it is a repeat of 2012, 2013 or 2014's declines, then the low is already in.