Sunday night futures always RED

SethArb · Oct 6, 2002

to rally the spoosies early on in european trading
before slamming them again before we open

but being that the spoos rallied 5-6 handles late
friday after the stock market closed
and with the uncertainty of the weekends news
its not surprising to see spoos under some pressure

spoos trying to hold around fair value area at this moment

OVERtheLINE · Oct 6, 2002

Originally posted by slapshot
IMO,

If the S&P drops much at all the first day then we are in for a slide - is there really anything positive going on to stop the slide?

Level 800 down to ??????

Paul

Paul you might want to see what happens at 775. the july lows

cheeks · Oct 6, 2002

The most widely used phrase by technical analysts in the last two years:

"Next support is........."

chasinfla · Oct 6, 2002

That and, "have we bottomed yet?"

hardrock375 · Oct 6, 2002

Or...

"This market is so oversold, we are due for a relief rally."

aphexcoil · Oct 6, 2002

... and Monday night, and Tuesday night ... and Wednesday, Thursday, Friday ...

m_c_a98 · Oct 6, 2002

Originally posted by silk
Seems like every sunday night i check the futures and they are down a few points. This is one hell of a BEAR.

You are right, every Sunday night the futures are red, of course, except on those Sunday nights when they aren't.

slapshot · Oct 6, 2002

Originally posted by OVERtheLINE

Paul you might want to see what happens at 775. the july lows

I'm with ya on that but it would be interesting if the current 800 or slightly lower ended up being the low for the recent time frame.

Before the small rally to follow if the 775 doesn't get slid through.

Before everything sells off again once the "bubble" about Q2 and Q3 2003 breaks.

Who knows, I'll just trade what I see intraday and sleep better at night.

Paul

PS My God, I just realized that I am actually wasting my time with this mindless speculation... KILL ME! KILL ME NOW...