NYSE Chief (reported on WSJ) says that tomorrow morning will look very ugly. What do you think? Maybe a spike the opposite direction ?
lol, I love those photo ops where people are holding their faces, even though I'm long on this market, I know it's a sick thought.
The German parliament will be voting on the Greek bailout tomorrow and the US jobs report comes out. It will be an interesting day to say the least.
I respectfully disagree. I believe tomorrow will be Friday until approximately 9:31am ET at which point it will quickly jump to Saturday, where it will find very little resistance, run straight to Saturday night, and hit stops through a wide range of bars.
It's funny - I'm the opposite. I don't trade very big equity positions, but my system put me short over the last two days. So I did fine (not so much from the crash, but from the broader bear movement). But I always feel bad for that guy, even though I know it's probably a photo op.
I think we'll wake up to some deep red futures tomorrow morning, probably down below 1100. I would be very cautious buying the dip overnight. I think Europe will be a total mess tomorrow and that will scare everybody on a Friday morning where traders will look to reduce risk heading into the weekend.