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Futures -4 which is about --30-40 in the dow. That is before the asian and europe markets open though.

There are 2 Black Monday threads going on right now.

This is from another link posted just now. How do you think Markets will handle that? 04-13-08 04:54 AM http://business.timesonline.co.uk/t...icle3671568.ece CITIGROUP and Merrill Lynch will heap further pain on Wall Street this week as they reveal additional sub-prime write-downs...

Ok here is what I expect, the asian markets and europe will tank sunday night. Actually, they will freak out. That will bring the Futures down some more Sunday leading into Monday morning. Who knows how low the S&P will be down by the time that the market opens. The market will gap down...

It is not free markets. It is their re-election endevours. Am I just too young or has congress/Government always been this stupid?

Ok well if the fed cuts rates while I hold ES shorts over the weekend. I want a FED bailout like they did for BSC. Cause I will be in trouble.

Ok assuming Bernake does not do an emergency rate cut Sunday night. I imagine we are in for a pretty negative opening for Moday morning. Basically an extention of the selloff. Does anyone forsee a huge reversal from today. You can expect the mom/pop investor to freak out a little over...

Have a great weekend everyone. See you for black Monday. I am holding 3 shorts ES at average of 1336.5 See you there.

Anyone esle holding shorts over the weekend?

Never did get to short my 3rd contract. It started to fall too fast.

Stacking 3 contract sells to hold over the weekend. Wish me luck. First at 39 second at 38.

I do not think that the market knows about the Trin 2.0 rule.

I need to go write my lines so I never forget. Do not trade against the trend! Do not trade against the trend! Do not trade against the trend! Do not trade against the trend! I am so pissed at myself. Anyway it was a pretty cheap lesson.

stopped out, That is what I get for try to catch a falling knife

long at 39.50. all my indicators point to the bottom in place as well. My stop is at 36.50

Covered short at 39 +4

Yeah true monday will show some early morning panic selling. I just might stay short over the weekend. Ammo, Your adding to that long. You holding over the weekend?

I still think lower. It is going to take some real guts to want to buy into this fiasco on Friday. Still short from 1343.00

Yeah, no way would you want to hold a long over thise weekend. I expect some serious doom and gloom from Barron's this weekend.

I only fade rallies on days like today. I just keep shorting. Why try to catch a falling knife by going long?