What a turn around in the futures, was it a computer glitch or just a dream, amazing to wake up this morning and see everything back to normal in the futures market. At least the markets didn't open down 1% and skyrocket to the upside 5 minutes into the opening.
some stocks i am looking at are under tremendous selling pressure today (e.g. X, TCK). i picked some X in the morning today for a quick bounce and, naturally, the mofo dumped on me like an elephant who ate too many of Rennick's non-vegetarian burgers.
My RIMM & JPM are doing well relative to my home security, EWZ. X is a disaster. News flash: XLF bounced off the 200 day SMA. We may have hit bottom for the next few days.