I agree: A gap down and a continuation, with open as HOD and closing at lows of day, and futures trading in red in the evening and a happy shortie trader....
picking up cents in front of a train trying to short this thing! lol It will keep going up and up. Everyone has been so bearish since 1000ES! I think we'll see 1300 this year and 1500 very soon after that.
the US fed would have to save their own asses soon. it's just embezzlment of money in the fed to the crooks in wall street who don't even pay taxes..i find tax cuts laughable as most hedge funds and many don't even pay taxes...oh yeah google pays a measley 2.5% minimum wage worker pays 15% income tax.
Nasdaq finished up yet again today, so far for the month of December the nasdaq has never had one down day. Talk about risk free money, at the rate the nasdaq is moving it should be back at 5000 by end of 2011, maybe even sooner.
the volume is so thin anybody can manipulate the markets. intraday is like afterhours. no volume absosultely 'ZERO' volume in deadzone.
S&P FUT 1233.1 4.4 +0.36% DOW FUT 11404.0 36.0 +0.32% NAS FUT 2207.5 7.0 +0.32% OIL 89.07 0.79 +0.89% More than 12 hours from the opening bell and futures are already rising into a new day. Keep in mind the nasdaq is up every single day in December so FAR, looks like its going to be extended yet another day if these futures hold up into the open, also oil is up nearly 1%. I think when the SPX tops 1300 oil will certainly be over $100 a barrel. Way to go Bubble ben bernanke.