To: illiac
The market supposedly closed 10 minutes ago and the average is still dropping. WTF?
58 posted on
10/09/2008 1:11:32 PM PDT by
chimera
To: chimera
There are still trades that have to be done. Mutual Funds etc. plus - after hours trading etc.
79 posted on
10/09/2008 1:18:10 PM PDT by
Codeflier
(We just had 8 more years of a democrat president in office, we already know what happens!)
To: chimera
“The market supposedly closed 10 minutes ago and the average is still dropping. WTF?”
The volume of sell side trades is so high, they can’t settle them prior to close, so they settle for a few minutes after. Only trades coming in prior to 4pm close.
91 posted on
10/09/2008 1:21:18 PM PDT by
rbmillerjr
("There is a PoliticalSurge coming")
To: chimera
"and the average is still dropping" Heavy volume. Even with electronic trading it takes a while to get everything computed.
It would be very, very unwise to pick a bottom now but often heavy volume on the downside indicates capitulation.
103 posted on
10/09/2008 1:23:38 PM PDT by
Proud_texan
(Scare people enough and they'll do anything.)
To: chimera
Do you notice anything that says “quotes delayed 20 min.”?
154 posted on
10/09/2008 1:40:29 PM PDT by
Doohickey
(The more cynical you become, the better off you'll be)
To: chimera
The only thing I could think of was that volume was so great that the ticker was running behind....
190 posted on
10/09/2008 1:57:57 PM PDT by
illiac
(If we don't change directions soon, we'll get where we're going)
To: chimera
207 posted on
10/09/2008 2:11:45 PM PDT by
PEACE ENFORCER
(One Needs to Have the Capability of Using Deadly Force at Any Moment.....:))
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