FetteredChinos said:right.. with regard to the Dow im still short from 10565...
gonna close at sub 10,050 which in all fairness we might hit premarket today at this rate.
then, i'll start looking for longs if/when we break a previous day's high..
If the market reacts how it did a few years ago or goes into crash mode then it won't stop falling for a while
Racer said:If the market reacts how it did a few years ago or goes into crash mode then it won't stop falling for a while
Minder said:Should we expect a big drop on the DJIA when Wall St opens ? I am thinking stops triggered, spiral down etc.
Slapshot said:Unclear at present. Market seems to have stalled at 10090/100. I'm keeping out of the market.
If you are trading with a broker IB et al and you have "at market" stops they will be triggered as soon as price is appropriate and your ordersa will be executed. If the market is falling fast enough obviously this could be a fair way from the activation price.Minder said:Just not sure of the mechanics of the market. If there are stops in place and the futures falls through those stops, I understand those stops won't trigger until the market opens. This will result in a lurch at the open.
Anyone confirm ?
FetteredChinos said:and out... for a whopping +515 points...feels a bit hollow though...
not looking for a long yet, but i have a feeling it will come on friday...
Racer said:There is limit down protection can't remember what level it is though