I think the selling in the last 10 minutes were daytraders that were hoping for Mutual Fund Monday and they didn't want to hold overnight. I expect a gap up tomorrow.
I really hope you're right about the gap up. The Hang Seng brought their markets up and they're not goin' to like what we did, this side of the Pacific. The DAX will likely sell off because we brought our markets down after they closed. I expect a gap down.
The last time I saw futures this bad was the Friday after Thanksgiving. Friday, we sold off some, then rallied. I hope we do the same on Tuesday. -Petsamo
I really hope you're right about the gap up. The Hang Seng brought their markets up and they're not goin' to like what we did, this side of the Pacific. The DAX will likely sell off because we brought our markets down after they closed. I expect a gap down.
ReplyDeleteThe last time I saw futures this bad was the Friday after Thanksgiving. Friday, we sold off some, then rallied. I hope we do the same on Tuesday. -Petsamo
ReplyDeleteWow ... I call this a huge gap DOWN. If ES drops below Feb low - good bye to all longs. Jammy.
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