 sailorPremium join:2003-10-21 Long Island kudos:6 4 edits | reply to DKS
Re: Stock Market Crashing...down 330 points right now From around 3 to closing at 4pm, the market tried to rally and every little rally was met with more selling..
The market selling did accelerate and closed down over 200 points at closing. Now down over 500 for the week....But this market has been almost obscene in going up..I mean we passed 13k on the Dow and next thing you know we are at 14k...Too much too soon and the greedy ones are now getting slaughtered.
Monday I am afraid will be very ugly..The bears beat back the bulls attempt at a rally today and that was crucial IMO...The bears are now in charge for the Monday opening bell. And it has been quite some time that they wrestled control of the market from the bulls. |