To: FourPeas
Thresholds mean nothing when panic selling sets in................
87 posted on
08/08/2011 7:56:23 AM PDT by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
To: Red Badger
Is there a panic level figured into programmed trading, though? (It certainly is possible.)
89 posted on
08/08/2011 7:59:06 AM PDT by
FourPeas
("Maladjusted and wigging out is no way to go through life, son." -hg)
To: Red Badger
Thresholds mean nothing when panic selling sets in
There will be computerized trades set to buy at 11,000. Watch for a bounce a that point. In fact it will bounce twice, once for automated trades, then the second time for manual trades. If it hits 11,000 a third time my WAG says we will keep going lower.
93 posted on
08/08/2011 8:01:43 AM PDT by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
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