we deserve this. we ran 3500 pts in 12 months with almsot zero pullbacks. as all were cheering our gov't was allowing banks and hedge funds to leverage other peoples money at 1000-1. now its pay back time
Your bet....Target: Dow zero-k. Sarbanes-Oxley will force all to go private anyway. Cramer in panic now....today was a "key". No Dow left. America in crisis. Buy index puts with strike of zero. Especially small cap RUT.
i`m lifting all my well under market orders tonight being that i need a good nights sleep.........smells like something rotten in denmark & there is going to be plenty of people in trouble tomorrow if this keeps up.
absolutely......agreed 100%......i really hope this gets violent with massive pain administered. there has been a total disregard for risk by everyone & need to be reminded of financial responsability.
Curious thing is....the after hrs US futures are trading in tandem w/ the Asian futures. It's bee "decoupled" for the past couple months since the February scare. Sure picked a good time to correlate back to +1
Futures: Korea: -5.5% Japan: -2.1% HK: -3.78% Aus: -3.0% Especialy for the Aus market that is a big fall.