Who is going home long this weekend?

[Vindago]

But hey, what do I know... I just trade what I see.

 

[Troy Bombardia]

I'm definitely now long at the moment.

1) The S&P's volatility remains elevated. Such high volatility after a crash (August 24) is not bullish.
2) Yellen's decision to keep investors in the dark about a future policy change is bearish.
3) Crashes like the one on August 24 tend to be followed by retests.

http://investingtrack.com/how-this-correction-will-play-out-part-three/

 

[i960]

I'm long only via options, assuming the large collection of shorts will get taken to the woodshed on a retest of 2020-2030. When the sentiment starts to turn to "well maybe things aren't as bad as they seem" as a result of dumb money seeing a rally (even if its a short squeeze) then I'll get short.

Overall I'm bearish.

 

[blakpacman]

Suddenly on Saturday a couple of Fed officials (Williams and Lacker) are again calling for a 2015 rate hike. I can't imagine that would be good for sentiment when stocks open for trading on Monday. So probably would have been wise to not be long this weekend. I'm flat.

http://finance.yahoo.com/news/feds-williams-still-sees-2015-173341357.html
http://finance.yahoo.com/news/feds-lacker-says-economy-strong-124504109.html

 

[ShortHipsters]

I'm short and looking for a nice red day on Monday!! This market will re-test the recent lows. I just hope I don't get squeezed out of my positions before it does

 

[minmike]

Not what I was thinking would happen at all. The futures did open flat and dropped .5%. Plenty of time to get out/ profit.

 

[ShortHipsters]

Not what I was thinking would happen at all. The futures did open flat and dropped .5%. Plenty of time to get out/ profit.

It's looking great in futures premarket... could be a decent flush today