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S&P 500
5,929.04
(
2.53%
)
US TECH 100
20,197.20
(
2.58%
)
Dow Jones
43,729.93
(
3.57%
)
Brent Oil
75.40
(
0.44%
)
Bitcoin
75,239.82
(
-0.53%
)
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mopower2u

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mopower2u

Re: None

Thursday, 01/13/2011 8:21:25 PM

Thursday, January 13, 2011 8:21:25 PM

Post# of 26631
I think this sudden drop in sp was primarily due to POG. Did you see the sudden drop this morning in gold? About 10:30 this morning, gold started falling like a rock went to low of 1369 and never really recovered.

About hour later, PTQMF started dropping. Based on that info, I'd say it was profit taking. IMO.
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