What Just Happened

0100101010111010010101010 just happened.

11 comments:

Onlooker said...

Good Lord! A 55 pt bounce off the bottom. I wonder where it will settle out. No telling as this is like Fall of '08 action. Yee haw.

And look at gold. It got pulled down for a few minutes but then rocketed back up. I picked up some more miners in the panic. And some FCX at 67. Would've gotten it lower but it went back up in a flash!

thegreatsatan said...

i shit my pants. at one point my entire portfolio was down 18%, and then it popped right back up to only being down 5%.

thanks PPT.

Onlooker said...

Well, we closed all those gaps from the Feb bottom on up. Mission accomplished. I guess we can resume the climb now. :-]

nicasurfer said...

getting long some bgz

Random Thoughts said...

mine was down 30% and i then i realized that option prices were going nuts. i almost had a heart attack

Random Thoughts said...

please god no double dip

Random Thoughts said...

go go plunge protection team

Onlooker said...

One thing you can certainly say is that if all the computers and related systems kept up in that frenzy then it means they are quite robust. It'll be interesting to see if there were any major malfunctions at the exchanges and brokers.

nicasurfer said...

gold is going to fly tommorrow

PJ said...

mine is up 8% now, was up 15% earlier ... needless to say I am short and have no longs.

This downtrend has a long way to go yet.

caveman said...

fat finger