OVERNIGHT PANIC - INTEL WARNS ON Q4
The Grounie for today is 10/15/08. On that day we had the biggest percentage down move since 1987. After the close, we had a panic sell-off just like yesterday night. Initially, you made money shorting that move. However, during European trading, you had a jack that was very painful, and then a big dump to re-test the lows.
Today, we had the lows of 841, a jack during Europe of 863, and then a re-test of 843. I left orders out to capture part of that move. AMAZING.
We should have a recovery by the end of the day.
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