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Re: algos gone wild at EOD DE

By: Decomposed in ROUND | Recommend this post (0)
Thu, 22 Sep 11 6:06 PM | 39 view(s)
Boardmark this board | De's Test Board 		Msg. 35012 of 45651
(This msg. is a reply to 35008 by Decomposed)
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re: "I guess I'm wrong!"

Nope. Turns out I was right. The Dow has been down as much as 375, and is now bouncing back a little.

Not much improvement yet in gold.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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Re: algos gone wild at EOD DE
By: Decomposed in ROUND
Thu, 22 Sep 11 3:59 PM 		Msg. 35008 of 45651

I guess I'm wrong! The market somehow brushed off the news that shook Asia. The pre-market Dow looks like it will open only mildly lower.

I notice that Netflix has been upgraded... by UBS, I think... from SELL to NEUTRAL. Looks like its bottom might be in.

NFLX was $300 a couple of months ago, and closed yesterday around $130.

And UBS is the same company that downgraded NFLX to SELL when it was $100. So that tells you that they don't *reallY* know anything.

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