S&P +18
Dow +158
Naz +37
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Could be a MASSIVE rally tomorrow, maybe bigger than Tuesday.
Man I really hate being the ‘bear’ again, because that’s really out of my persona.
But I don’t think we’re going to see any legitimate rally tomorrow. And if we do, it will be small.
Asian markets are reacting semi-poorly (avg 1% or so down atm) which gives me a little hope, but I still think we have a long way to go till we see a legitimate ‘skull fucking rally’ in The Fly’s words.
Gold will be a tell-tell sign & it’s still up around 1800. No bueno
you might be right, but lets wait and see what happens when Europe opens. I expect when the rumors are proved untrue, the market goes bananas.
Sadly agree. I think lots of people are still selling into rallies here. We’ll need a few days to turn the tide assuming no more stupefying negative news. What we need is fear that people are missing out on the “free money” as the market comes off its lows. Then we’ll have a beautiful squeeze and massive chase higher. But I don’t think it will be tomorrow, that’s for sure….
-Hippy
It would seem 158 points isn’t much when we lost over 500 points on today day alone. What am I missing?
Anon
+170 now and that’s better than another -500, no?
Ok, I’ll grant you that, that is definitely true!
`Seems the volatility is nearly as wacky in the futs as its been past 2 days. The swings are wild!
Agreed bigndeal 150 pts on Dow futures poof could be gone in a second
Nonsense. Futures mean nothing until the opening bell dings.
Watch people fade the open. Lots of clowns still stuck with massive losses they can only pray to pare on the pops.
the sword cuts tow ways. Watch bears cover shorts to lock in profits. Forget about retail selling. This market runs on algos and they have unlimited resources.