Gotta love ZERO RISK in the SP500 = $$$

[hajimow]

what a day it was, now the anticipation wait for Sunday when the futures open and china opens for trading, should be very interesting to see what happens.....if japan and china close down 2-3%+ and europe opens up down 2% expect a huge sell off into the monday opening of course followed by buying, we all know they won't let the markets close lower next week, they will keep the s$p up above 2068 as long as they can to keep the momentum going, especially ahead of all the earnings due out....next week is going to be super volatile.

If it is a true down trend it should be like this:
On Monday market goes up like 80 to 100 points and people feel confident that Friday was a short term correction and then on Tuesday it drops another 200 to 300 points. The main yardstick is the close on Friday next week. Will it be higher than today or lower?

 

[romik]

IMO it's important to analyse, but not to overanalyse, so far we have a 3TOP, a break of weekly TL and SPX ought to head to 1800.

 

[Nine_Ender]

To the rescue....here they come to save the day...buy buy buy.

Define who you mean by "they". This might be funny to hear what you think.
Not sure if you live in dream land as bad as S2007S, who also says "they".

 

[mymajia]

Nobody knows what's gonna happen next monday, but if the dow still closes down +200 points, the bear will be in the play.

 

[spencer]

If it is a true down trend it should be like this:
On Monday market goes up like 80 to 100 points and people feel confident that Friday was a short term correction and then on Tuesday it drops another 200 to 300 points. The main yardstick is the close on Friday next week. Will it be higher than today or lower?

+1

 

[Rickshaw Man]

Of coarse the futures will gap open....most likely will erase Fridays loss overnight

 

[Rickshaw Man]

So easy making free money, just buy the dips, and hold on.

 

[Rickshaw Man]

Watch how the VIX gaps up on the open Monday.

 

[Rickshaw Man]

I'm expecting some sort of rate cut or QE from China over the weekend.

And sure enough, man I can see this stuff coming a mile away.

http://www.bloomberg.com/news/artic...n-stimulus-pledge-with-bank-reserve-ratio-cut

 

[mymajia]

And sure enough, man I can see this stuff coming a mile away.

http://www.bloomberg.com/news/artic...n-stimulus-pledge-with-bank-reserve-ratio-cut

I guess our economy is going through some tough time and I expect the market will go even higher. That's the new logic. The worse the economy is, the higher the stock marketwill be. Look at the European stock market, you know that.