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-   -   NASDAQ crash or just a correction? (http://www.peachparts.com/shopforum/off-topic-discussion/360870-nasdaq-crash-just-correction.html)

spdrun 10-13-2014 10:57 AM

NASDAQ crash or just a correction?
 
Discuss. Index is down about 9% from peak today, 10% puts it in correction land.

Stoney 10-13-2014 02:42 PM

Quote:

Originally Posted by spdrun (Post 3395955)
Discuss. Index is down about 9% from peak today, 10% puts it in correction land.

Don't know about you but I'm up $2500 for the day.

spdrun 10-13-2014 02:48 PM

Quote:

Originally Posted by Stoney (Post 3396039)
Don't know about you but I'm up $2500 for the day.

You shorty?

Indices were up briefly, but no longer. Then again, indices aren't individual stocks.

INSIDIOUS 10-13-2014 10:54 PM

Time to invest in Ebola related hospital supplies.

Stoney 10-14-2014 11:22 AM

Quote:

Originally Posted by spdrun (Post 3396042)
You shorty?

Indices were up briefly, but no longer. Then again, indices aren't individual stocks.


I have 70% long term hold positions mainly in high yield electric and food stocks but 30% I play the field and yes I short when I see the opportunity.

It's all about researching the volatile stuff.

But today the ball is back in the upper stratosphere...the machines rule these days not humans.

281lxm 10-15-2014 05:05 PM

It's a market cap weighted index. Netflix and ebay are down sharply after hours, index will be down if it were to reopen right now.

I am a market buyer on weakness generally


Sent from my iPhone using Tapatalk

spdrun 10-15-2014 05:09 PM

Quote:

Originally Posted by Stoney (Post 3396416)
But today the ball is back in the upper stratosphere...the machines rule these days not humans.

Disagree. Opposing high-frequency trades tend to cancel each other out. Also, the machines are programmed by humans. In the end, the humans still rule.

Hatterasguy 10-15-2014 10:01 PM

It can't go up forever, looks like a good chance to buy might be coming up.


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