Thread: 350zCommtech's Account Talk

Originally Posted by 350zCommTech

Looks like capitulation is at hand. I should have gotten in...

I should have listened to Coolhand last week....

CNBC telling people at home not to panic.


Me things folks in power is trying to engineer a bottom?

Originally Posted by 350zCommTech

CNBC telling people at home not to panic.


Me things folks in power is trying to engineer a bottom?

exactly... for a international bailout to occur the big players in Germany and the US wanted firesale prices, they got 'em.... stopped and whipsawed several that had stops in.

Originally Posted by fedgolfer

exactly... for a international bailout to occur the big players in Germany and the US wanted firesale prices, they got 'em.... stopped and whipsawed several that had stops in.

Somebody just stole a ton of money.

The yellow arrow points to when the Dow was down almost 1000 points. The red circle is where it's trading at the moment.

I'm not going to speculate about it here on this MB. The futures are up 2 points right now.

Attachment 9328

Ref the P&G trade at $39 (vs $60 now): some gent being interviewed (think from NYSE), said the trade stands. CNBC had duelling exchanges interviews this am. Is this part of the "theft" suggested above?

Originally Posted by Warrenlm

Ref the P&G trade at $39 (vs $60 now): some gent being interviewed (think from NYSE), said the trade stands. CNBC had duelling exchanges interviews this am. Is this part of the "theft" suggested above?

Yes.

DAX update: Trend line broken.

Attachment 9334

FTSE broke through the 200 but bounced of support.

Attachment 9335

Greece fire.

Hold G.

Does not look like a bottom here. Not even oversold yet.

Also, the dollar fell in the afternoon but it didn't even help. And it's not even that far from the "fat finger" level.

Attachment 9345

So, PPP was a little early?