I think that some guys wanted to go crazy short in here and the CME dudes got scared and pulled the plug. I hate all of the manipulators. You know, this manipulation may work in the very short term, but this stock market juicing technique by the ESF and the exchanges is only going to have a negative long-term impact. History will repeat itself...again.
My stomach is churning while I wait for the ES to reopen.. So I'm going to trade SPYs instead. I can't believe that they can let this happen. Maybe somebody hacked the Globex terminals? I bet it was some guy that got screwed on one of those rediculous 100 pt market spikes in ES afterhours. They probably busted his trades, or maybe he lost it all on one of those. This is unbelievable. 90 minutes and counting.
Rumor has it that Globex will begin with a certain amount of time where folks can enter and/or cancel orders before it opens. And, there will be a half-hour notice before the open.
Here is the rumor Some programmer pissed off from morning loss. So, he sent a massive trojan horse virus into Globex