yay me... Almost half of yesterdays selloff covered Not too bad But we may reverse again. Or not. Who knows. I don;t and anyone who says they knows for certain is full of it. but the longer term (3-7 months) is up though
right? at that point just try to catch the wave and ride some of it...the way things are swinging now, it's time to go back up and test over 1400...which then will probably swing all the way back down again...LOL...
sub prime market is alot worse than what most people think. Should effect the prime market soon as well. $1.5 trillion worth of arms resetting in 2007. 1.4+ million foreclosures.
This chop is making me dizzy. I am waiting for Friday. My prediction is that a lot of folks are going to jump the ship before weekend starts. These are uncertain times, and nobody wants to be caught with their ES pants down. Could be easy 5 to 10 points, maybe more. If it happens, I am going to ride ES like a $12.50 a tick toothless whore that she is.