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Big down day Monday


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#1 saltlake

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Posted 23 July 2011 - 12:25 PM

-40 + on ES :o

#2 opinionated

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Posted 23 July 2011 - 04:53 PM

Possibly but I was thinking 1330 holds for a gap fill... NO? I also expect big rally coming somewhere in there after tuesday to finish the blow off top... by friday 1360 area... no more.

#3 DrSP

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Posted 23 July 2011 - 06:04 PM

The Governments have learnt to control the markets if bad news happens during AH. I think they can manage the futures by the time market opens. Even if there is decline, it should be < 1%. If it is more than that, I'd be surprised.
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#4 DrSP

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Posted 24 July 2011 - 05:05 PM

I don't trade futures. Otherwise, I would be buying this opening.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.