Quote from nonlinear5:
I figured the perceived risk/reward today highly favors the bears. The S&P is destined to close at around 1438 today (yes, it's 30 points to go down from where we are now), and I would be the buyer at the close. My trade is short ES from 1471.75.
time is running out
buyers stepping in again
maybe credit fears overblown
nov dec most bullish months of year for stocks
rate cut cycle
strong growth overseas
cheap dollar good for exporters
lame duck cycle