Did you not see the New Home Sales report that came out at 10AM? Consensus was 450K but actually came in at 414K. That was when TRLA and Z started to tank. It recovered somewhat when DOW turned positive but sold off again when markets turned red at close. Nothing happens on no news. There was "no news" only because you were not aware of it.
They dislike rurkey3232 because his calls have been correct (like today's WLT short). I think they are simply angry bagholders and need to express their frustrations...
Why would Monday be blood red? If markets don't collapse today after missing job numbers, why would it tank Monday? Yeah, you seemed a little biased now that your are short. But I'm long biased. Let's see who wins.
Yesterday's recovering attempt hit a wall at $14.30. Unless WLT breaks that today, your fade prediction may be correct...
Maybe. The coal sector is holding steady in the last hour. Of course, if markets tank, WLT will follow.
why are you calling new "suckshow"?
to answer your question, there's no way to know who created the phony id's. My point was rurkey shouldn't reply to them since that will only encourage them.
Tomorrow are the jobs numbers. That will move the market. Since it looks like today will be a down day, the impact tomorrow my not be too significant even if the numbers are bad. But December with the retail hiring is unpredictable.
Looks like two good moves today: covering and going long.
I've used up all my funds allocated to WLT. So I'm just spectator for now: no trades but simply hold for now.
On the intraday, the markets started tanking after the FOMC Minutes came out. That and profit-taking from yesterday's rally. I wonder if there will be follow-through with selling tomorrow.