Discussion in 'Index Futures' started by chewbacca, Sep 14, 2008.
well if they go down hard overnight then im buying the US open with a fairly tight stop for a bounce.
apart from that ill be watching this event unfold and probably only trading fx if ES goes too crazy this week
Very little. There's too much pessimism from LEH and Ike already discounted. We'll see.
I guess you didn't notice that 10+ point ES run-up in the last 30 min. on speculation a LEH deal would get done. My bet, literally, is that the ES is down hard.
Im getting a chubby just waiting to watch the action in the markets over the next 24 hours.
with FOMC on tues and ec new GS earnings this week...ES could range 150 to 200 points this week
I am looking for a low early in the week, as early as Monday, after a strong climactic sell off.
Dow futures down 286 right now.
NQ futures hit hard.
Where are you getting quotes from now?
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