Futures down big on this Dubai news and a worldwide selloff...
7 hours ago
Thursday, November 26, 2009
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- The Honest Trader
- I have been trading stocks since I was 15 years old. Everything I know about trading is from watching the tape for 1000's of hours and reading trading / investing books and online information. Everything I have learned trading has come from "real life" trading experiences. Meaning, I am a homegrown trader with no formal training. I started with $1,500 in an online account and have now grown that to a considerable sum through the years (paid a lot of tax too). I used to trade like an idiot and had no idea what I was doing. I lost money, made money, got lucky and eventually started to "get it". I have been high and I have been low - but I am still standing.
not going be a happy turkey day for traders who left long exposure on going into the holiday
ReplyDeletetomorrow do we gap down 2%+? looks like we might...
What do you think this does to treasury yields?
ReplyDeletetreasury yields will go down (so bonds will be bought) initially i imagine
ReplyDeletei still would be short or scale in short to long term US treasuries, but near term people may hide in the treasuries if we sell off