Whoa, futures say big stock crash today!!!

Discussion in 'Stock Market' started by expat_panama, May 23, 2011.

  1. expat_panama
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    expat_panama Silver Member

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    From Futures Quotes and Charts - PFGBEST.com

    Indices
    !sFutures prices as of May 23rd, 2011 - 07:34 CDT
    Links Contract Month Change Last Open High Low Time
    Q / C / O E-Mini S&P 500 Jun 11 -12.75 1,315.00 1,326.00 1,326.25 1,312.25 07:24
    Q / C / O E-Mini Nasdaq 100 Jun 11 -23.50 2,320.00 2,335.00 2,340.75 2,316.50 07:24
    Q / C / O DJIA mini-sized Jun 11 -120 12,346 12,448 12,453 12,330 07:24
    Q / C / O Russell 2000 Mini Jun 11 -11.70 813.70 824.60 825.80 812.10 07:24
    Q / C / O E-Mini S&P Midcap Jun 11 -11.10 972.50 979.70 982.60 970.80 07:24
    Q / C / O S&P 500 Index Jun 11 -12.60 1,315.20 1,326.00 1,326.20 1,312.30 07:24
    Q / C / O Nasdaq 100 Jun 11 -25.00 2,318.50 2,337.50 2,337.50 2,317.25 07:16
    Q / C / O DJIA Jun 11 -125 12,466s 12,555 12,570 12,466 05/20/11
    Q / C / O DJIA (E) Jun 11 -206 12,369 12,435 12,448 12,334 06:46
     
  2. expat_panama
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    expat_panama Silver Member

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    [gets ready to close last position]
     
  3. william the wie
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    william the wie Gold Member

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    why, crashes are where the big money is made.
     
  4. expat_panama
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    expat_panama Silver Member

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    This time I didn't bother selling as markets now are stabilizing. Already sold of most though, the idea is to sell when prices fall and buy when they rise.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Is European debt causin' the problem...
    :confused:
    European debt worries help stocks end down
    23 May`11 - Political and economic climate in Europe sends euro to a two-month low

     
  6. Avorysuds
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    Avorysuds Gold Member

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    But.. Obama, saved... the world.

    FUCKING BUSH, THAT FUCKING ASSHAT!
     
  7. expat_panama
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    expat_panama Silver Member

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    That's a crock, exchange rates don't affect exports.

    Sure, pundits say they do and at first glance it even makes sense, but pundits get lots of things wrong and lots of things don't make sense at first. The fact is that exchange rates have never affected exports and they never will because they can't.
     
  8. william the wie
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    william the wie Gold Member

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    Buy high and sell low to reduce losses on losing trades is still buying high and selling low.
     

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