cancel
Showing results for 
Search instead for 
Did you mean: 
Hobbyfarmer
Honored Advisor

?????????

Ok market people...

 

We are having a down day. How much of this is computer generated and how much of this is because the banks are NOT open today to wire money when the markets were down a little and with no way for a wire transfer the clerks had no choice but to liquidate the positions causing a larger move than otherwise would have happened?

 

Suppose a few traders got "trtaded out"?

 

The farmer is still gitting the dirty end of the stick.

0 Kudos
4 Replies
giolucas
Veteran Advisor

Re: ?????????

Hobby,

 

Big Volumes took this sucker down.  Stop Loss Orders were hit and there we went. 

0 Kudos
c-x-1
Veteran Advisor

Re: ?????????

thanks for that point, Hobby.

banks closed...forced liquidation from the clearing houses to meet margin = adds up to me

0 Kudos
sixtysixx
Veteran Contributor

Re: ?????????

anyone else have a panic attack today? I stopped dippin skoal 2yrs ago, fell off that wagon today bigger than shat!

0 Kudos
c-x-1
Veteran Advisor

Re: ?????????

no panic attack....just almost stroked out in the brain.

0 Kudos