Thursday, May 6, 2010
Wow! what a historic dump!
this was amazing, wish it would have held longer. all my support levels were so blown out I was freaking trying to get a grip on where it would stop. SnP stopped at 1065. My TZA got up to 8 bucks and I wish I had bailed on my gpanek marketguru account... but it turned so fast. dow was down just shy of 1,000. largest drop in history. huge volume and most all of it on the downside. Trin has steadied out to 138 and nas at 250. bearish but a lot of the oversold was used up on this bounce. I think this is just the beginning of some major market sell offs. The PIIGS thing is going to be bigger than anyone expected. dow only down 300 now with 5 minutes to go. SP down 31
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