Bid just up to 1596.50, then dropped to 1596.25, now back to 1596.50. Long night ahead. Woohoo! Bid up to 1597.00. I should wait, but it is tempting to bail at my average buy price -- if it gets there.
Personally i dont know if it is but I have been told a least a few of the bigger funds see the breaking of 1503 as a selling signal so if true there will be follow through also the Europeans might give it a whack a few hours as they get in.
I think they might be sucking in all the long to head to 1492 and then 1488 May be bear stern is going to announce somehting bad - ?
someone frontran the BS story the night before.. price collapsed.. against previous projections and the market opened negative and the news broke out.
I dont think this is news related just position setup which long term will have a bigger influence I feel
Hey paper trader, there is no fair value. You're cooked. I note that as soon as the paper trade started to stink like dead mackerel, the bs about up 10k on ER2 came out, like puss oozing from a wound. lol, who you kidding.