Russell 2000 Down 16% in 10 days?

Discussion in 'Index Futures' started by TraderGreg, Oct 2, 2008.

  1. The Nasdaq 100, S&P 500, DJIA, and now even the Russell (to my personal surprise) are all cutting new bear market lows. Now what? A forged rally and an escalator further into the abyss?
  2. don't know when it gets really bad as in you feel terrible about your portfolio and everywhere they are talking bout new lows and a "great depression" i have a feeling we have some sort of relief rally soon.
  3. S2007S


    Long UWM @ $39.70

    Price Target: $44-$46

    Time frame: 2-4 weeks

    Return: 12%-16%
  4. The relief rally is what I was referring to when I said "forged rally," but I don't see the Russell as well cutting new lows as anything to be excited about long term