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All three major index futures have been trading steadily in the green tonight.. personally I think today was an overreaction, thats what the market does best though right?

A .25 point cut was clearly priced in already, in fact most people were trading with the assumption of a .5 cut. I knew a .25 cut would result in a sell-off although not this big, yikes.

put option paradise

"Visa has said it plans to use IPO proceeds to fund expansion and an escrow account to help cover legal bills." Expansion is good, legal bills are not. I see this IPO as more of a toss-up than some kind of Mastercard-esque savior. As Damnit says it will be priced high, and if we still have...

Tomorrow (11/15/2007) performance - any predictions? I think the markets will open slightly lower and apple will gap down a little bit. anyone who went short today midday will collect tomorrow. It's so hard to predict the last minute sell-offs though.. am I right?

there's not much blood left in the water in the financial sector, i think. like hajim, people are covering their shorts and stemming some of the loss.

I should ask you, "Can you speak English correctly?"

agreed. not to mention the fact cisco suffered from a bubble bursting in the TECH sector, not the financial as is now. however im no AAPL to 200 man at all. These tech stocks have been overpriced since this whole subprime mess started and are not going to go up any time soon

just watch the after hours/premarket activity if you're worried about it gapping down... GOOG might suffer a little bit longer due the credit crunch but the financial sectors gonna bottom out soon I think.. Bernanke sort of made it official so now you won't see the panic selling you have been in...

So where does YHOO go from here? Was today's decline a result of the politician's meddling or is this the start of a longer term trend (i.e. start of flipping after the alibaba IPO)?