Tuesday, May 11, 2010

Today action

So we filled the gap then put in an impulse to the downside

Explanation

Well after nearly a week we still haven't heard the true reason of last week volatile day. I found this and it is the closest thing to a reasonable explanation of last week action but remember it is all speculation for the masses. The real people who what happened, think about it if someone had big thumbs as they claimed we would know which master account set that off!!! that would not be speculation because every single trade is marked and can be traced immediately. The real reason they dont want to release the inform is because some deep pockets got killed and it shows how volatile the market is with light trading.


http://finance.yahoo.com/tech-ticker/whoa!-did-nassim-taleb-cause-thursday%27s-market-crash-482998.html?tickers=dia,spy,xlf,^gspc,^dji,bcs&sec=topStories&pos=6&asset=&ccode=