Predictions for tomorrow? (May 7th)

[Illum]

Are Euro banks really frozen up? Does anyone know of something or better yet have something a noob like me can look at? Another question, are they just frozen pending German vote, or are they fubar? I think this has everything to do.. with.. well everything. Amazingly, as many dollars as Banana Benny printed, there are Not Enough if they are locked up "over there."

 

[Gabfly1]

Quote from NoDoji:

I respectfully disagree. I believe tomorrow will be Friday until approximately 9:31am ET at which point it will quickly jump to Saturday, where it will find very little resistance, run straight to Saturday night, and hit stops through a wide range of bars.

You kids with your fancy indicators.

 

[tradeshark]

with action like this I am staying up most of the night and trading futures - should be worth the effort

 

[nickdes]

I am pretty sure we will see the market make a few volatile moves tomorrow.

 

[1765hillwood]

it will open change direction then go slient then move towards end of day, there as generic as it get

 

[Josef K]

Quote from The Big D:

I would guess -1% and a specially staged photo op of some frazzled trader looking at a quote screen.

http://brokershandsontheirfacesblog.tumblr.com/

 

[Trendytrader]

Its Friday who in their right mind wants to hold over the weekend?

Euro meltdown, Icelandic volcano ready to blow for real. Hell you only have to look away for 10 minutes and the market drops 6%

 

[Bolimomo]

Will it be up or down tomorrow, I don't know. But I think it is highly unlikely that it will be in the -100 to +100 range. With today's volatility, Dow can easily go up 300+ or down 300- tomorrow.

 

[pspr]

I guess the real question is, does volitility expand Friday or does it contract? Unless there is new unsettling news, I would expect it to contract.

 

[Petsamo]

So, are you guys gonna be ready to press the sell button tomorrow?