WOW - Talk about follow through after Key Reversal - Page 2

Fishhead24 · #11 08-17-2007, 10:01 AM

The market is off 120+ pts of its high for the day..........1/2 hour into the trading session.

Badger · #12 08-17-2007, 10:20 AM

Fishhead-[ QUOTE ]
I'm a fairly new investor, but why would the last two hours be more important than the first two or any two during the day?

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Rolon · #13 08-17-2007, 10:22 AM

Not thrilled that its dropping so much..I really want to buy in boat loads right now but am pretty nervous at this point.

DOTTT · #14 08-17-2007, 10:34 AM

Armatures trade the open while professionals trade the close.

Right now this is looking really ugly for the bulls. The market is simply not reacting the way it should. When ever that happens you should look to take the other side. I wouldn't be suprised if we see the Dow down 200+ today.

Badger · #15 08-17-2007, 10:40 AM

So we're obviously not talking about motors here. So my follow up question is what's an armature?

What do you mean when you say the market is not reacting the way it should?

irunnotgood · #16 08-17-2007, 11:21 AM

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So do I buy more at the open or play it safe and wait till Monday?

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Diversify out of the US dollar.

Nickoli · #17 08-17-2007, 01:39 PM

Entering the last two hours of the trading day soon. I can't wait to see what happens.

Fish- After the fallout at 4PM I would love your analysis on the upcoming climax. thanks in advance.