ES was +18 a mere 40 minutes ago following BSC and Fed news going RED with momentum I'm going to get in line at the bank
You know captain, if you got some friends together and actually did line up at the bank, it would be a nice story on the 10 pm news. Give it a shot. Could make for an interesting experiment in human psychology.
There is no bottom. Way too many bottom callers on Friday, too optimistic in the face of such a weak economy. Fed bailouts of all sorts are priced in already, EVERYONE knows that Bernanke is going to throw the kitchen sink at this thing, and come up with inane bailouts of all varieties so he does it again, no big surprise, a quick short covering rally which fades very quickly because these things are all priced in.
http://new.quote.com/us/futures/indices.action this is going to be like a fat man falling off a ladder