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  1. 710 Posts.
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    all this talk about the nasdaq tanking and Z1p retracing to the low 6's, you are aware that it is a labor day holiday in the us and markets are not trading today Monday,

    What I am reading is that the weekend was a circuit breaker for US markets and the labour holiday was part of the reason that stocks continued to sell off a bit on Friday as some did not want to hold for 3 days. suggesting Tuesday should see a recovery bounce in the US.

    So riddle me this , if Euorpe bounces today and US tommorrow how is Z1p supposded to tank 10-20% in the next 2 days, and that is not even considering the insto buying evident from todays trading

    (of course I could be wrong and that may have just been the shorts locking in their profits before the next assault, but I doubt it)
 
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