Futures getting killed

Warrior4g · Dec 13, 2007

libor rates and european rated failed to respond to yesterdays fed announcement.

Matt24SPFL · Dec 13, 2007

Is this all to force equities lower for market movers to buy low or the beginning of the fall?

I can't act like I know but it's going to be fun to watch.

Alex_in_Oz · Dec 13, 2007

Should be support at 12,800 on the S&P for a while, then we'll blow through and finish up around 10,600, I reckon.

NYOBScalper · Dec 13, 2007

Quote from Alex_in_Oz:

Should be support at 12,800 on the S&P for a while, then we'll blow through and finish up around 10,600, I reckon.

I think even stocktrad3r isn't calling for a market that high anytime in the next 3 years.

Congratulations! You officially have the highest S&P target known to man... 12,800, wow. And I thought 1650 was pretty high.

Unless, of course, you meant the dow

nutmeg · Dec 13, 2007

Quote from enforcer99:

libor rates and european rated failed to respond to yesterdays fed announcement.

It's a head fake. At the moment.

Alex_in_Oz · Dec 13, 2007

Sorry one zero too many on each.

I meant 1,280 and 1,060 respectively

makloda · Dec 13, 2007

LMAO... 1% down is labeled 'getting killed' these days?

Matt24SPFL · Dec 13, 2007

Quote from makloda:

LMAO... 1% down is labeled 'getting killed' these days?

In an "Up Up and away.. buy the dips.. freeeeeeeee moneyyyyyyyy" bull market??

Yes

gnome · Dec 13, 2007

Quote from makloda:

LMAO... 1% down is labeled 'getting killed' these days?

Right. Just like how a 500 pt pop in the Dow has become a "Monster Rally"... LOL.

Today's fools don't realize that the markets used to have 20% swings which were thought of as "normal volatility".

piezoe · Dec 13, 2007

Quote from nutmeg:

It's a head fake. At the moment.

I'm with you, Nut.