Does the N. Korean missle test affect the Markets tommorow?

Discussion in 'Trading' started by ang_99, Jul 4, 2006.

  1. Doubt it, but thought I'd throw it out there..
  2. nitro


    You better believe it.

  3. just21


    It would have a bigger affect if it was sucessful.
  4. Spoos down 2.00 on globex.
  5. Look to asia tonight for guidance tomorrow. Knee jerk reaction is buy gold, buy dollar/yen, buy treasuries, but it might be a fake. I think the overnight sets the tone for tomorrow, since this is happening on the US holiday. Just my opinion.
  6. Although it sounds weird, this is exactly the kind of catalyst that the market needs to move higher.

    Looking at the spoos right now we're likely to open lower and trade lower early tomorrow, but I think there will be a lunch-time reversal that will take us higher.

    If we are at or near the low around 12.00 EST, I'll look to buy.
  7. Buy stock futures on the first hourly reversal lower in USDJPY.
  8. Do you think crude will shoot up too?
  9. nitro


    NORAD put on heightened alert.

  10. taodr


    Watch the Iranians pull a number now as well !
    #10     Jul 4, 2006