GOOD MORNING JOE!! busy as usual. i salivate at the idea of having my $25K one day, day-trading, and buying everything for a penny less than you did and selling for a penny more. yes indeed.
it seems that financials only move (tank) on uncertainties now. since there is certainty in the direction of things, they still appear stable (meaning SKF has sky-rocketed). hopefully soon enough. i'm tempted to get back into DXO. that price is amazing.
i voted "no" on the rate cut. not so sure about that anymore. i think i'm now leaning towards a yes. the financials still might have a little more rally left in them. just enough to make Lat wet his pants while looking at his portfolio for one more week.
are DJI futures already taken into account in the SKF pricing before the open? i realize the two aren't linked, but they do roughly oppose each other.
i'm just saying, when the market opens at 9:30, and the DJI is immediately down, the SKF traders have probably already taken that into consideration, right? it's not like SKF will suddenly skyrocket at the open...
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GOOD MORNING JOE!! busy as usual. i salivate at the idea of having my $25K one day, day-trading, and buying everything for a penny less than you did and selling for a penny more. yes indeed.
it seems that financials only move (tank) on uncertainties now. since there is certainty in the direction of things, they still appear stable (meaning SKF has sky-rocketed). hopefully soon enough. i'm tempted to get back into DXO. that price is amazing.
i voted "no" on the rate cut. not so sure about that anymore. i think i'm now leaning towards a yes. the financials still might have a little more rally left in them. just enough to make Lat wet his pants while looking at his portfolio for one more week.
Morning Nate, I'm soooo underwater in that DXO trade that I bought scuba gear last night. Thats what makes my day-to-day operations so important.
We haven't even seen a short covering rally in oil yet???? I would think we see a MAJOR pop pretty soon now that we're under $100!!!
Rate cut won't matter.
Gold and Oil getting hit from forced liquidation of positions - wall st. is desperately raising cash this morning. :)
DJI futures currently at -371!
European markets closing in on 5% down for the day so far!!
are DJI futures already taken into account in the SKF pricing before the open? i realize the two aren't linked, but they do roughly oppose each other.
i'm just saying, when the market opens at 9:30, and the DJI is immediately down, the SKF traders have probably already taken that into consideration, right? it's not like SKF will suddenly skyrocket at the open...
We've already gotten the equivalent of a 6% drop in financials (12% SKF) but we should see mid 130's IMO
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