Replies to post #650652 on Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

This market lacks a tradeable flow of buy bids versus versus ask bids. There is not enough liquidity to support sell volumes. Yesterday they had to halt the markets informally. The market has problems right now. I wouldn't be placing market orders on either side of a trade right now. You must place limit prices on everything. Would not be surprised to see another 2008/09 type avalanche back to the March 09 lows. Remember they have not fixed the banks, they are loaded with non-performing debt, and the accounting rules were changed so they don't have to write it off.

[designerportfolio]

just a technical move, happened a bit faster than i thought it would--i was thinking maybe 1-2 weeks to get to 200 ma, looks like a move to 20ma is in order for next week--aka near 11000