Prepare For Nasty Action Next Week As "11th Hole" Is Released This Monday

SPY Next Week

  • Bullish

    Votes: 22 34.4%
  • Flat

    Votes: 8 12.5%
  • Bearish

    Votes: 31 48.4%
  • I prefer not to say

    Votes: 3 4.7%

  • Total voters
    64
Quote from abducens:

Last night futures were down in double digits, was it a dream?

When the European markets open, the Fed comes in. Been that way for a while now.
 
What a turn around in the futures, was it a computer glitch or just a dream, amazing to wake up this morning and see everything back to normal in the futures market. At least the markets didn't open down 1% and skyrocket to the upside 5 minutes into the opening.
 
Quote from S2007S:

What a turn around in the futures, was it a computer glitch or just a dream, amazing to wake up this morning and see everything back to normal in the futures market. At least the markets didn't open down 1% and skyrocket to the upside 5 minutes into the opening.

Nice start of the week...My positions from last night already in the green...
 
Quote from S2007S:

What a turn around in the futures, was it a computer glitch or just a dream, amazing to wake up this morning and see everything back to normal in the futures market. At least the markets didn't open down 1% and skyrocket to the upside 5 minutes into the opening.

It is amazing that you continue to be amazed...black swans happen more often in finance...
 
Quote from Petsamo:

I'm holding stocks with less beta that have sunk a lot, in case the market decides to swing up. RIMM & JPM. RIMM behaved itself rather nicely on Friday, after dumping Thursday. And I was able to capture X at 51.97 on Friday.

some stocks i am looking at are under tremendous selling pressure today (e.g. X, TCK). i picked some X in the morning today for a quick bounce and, naturally, the mofo dumped on me like an elephant who ate too many of Rennick's non-vegetarian burgers.
 
My RIMM & JPM are doing well relative to my home security, EWZ. X is a disaster.

News flash: XLF bounced off the 200 day SMA. We may have hit bottom for the next few days.
 
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