Will the DOW close with no short covering rally? Looks that way.

[GreatGazoo]

Last week we saw little rallies in the last 30 mins of each trading day when short sellers covered their shorts. No sign of that today.

A bad sign and a bad day for the market.

[DesMoinesDem]

1. The last half hour buying has been happening for years. It isn't shorts, it's the Fed

manipulating the market and traders following.

[GreatGazoo]

2. The bounce looks different when there is a lot short selling.

Fed or short sellers, neither was buying at the end today.

And shouldn't the flow chart say to 'buy from 3PM to 3:30PM' when the bottom is hit rather than a little later when the prices are going up?

[closeupready]

3. Meh. I've seen the market crash many times before. It always comes back and

then some. Not in the least worried.

[whatthehey]

4. No no this is really it. This is doomergasm!!

This, not the other hundreds of times we've said it is when the indexes wobble downward a bit, this really is the end of capitalism and the Kunstlerite descent into vermin stew and gangs of tattooed people, followed by an eventual return to a genteel Rousseauian utopia of civic general will and universal self-governance when it's somehow the richest, most brutal best-protected and best equipped people who die off in the TEOTWAWKI tsunami and the peace-loving gentle enlightened intelligentsia (you know, us) who survive and get to rebuild society as we wish it. It's now I tell you. Not last week or every few months like we said before. It's now, man.

[closeupready]

5. Oh okay, thanks dewd. I can make a note of that. Cheers.