Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, May 23, 2008

Futures

WTF is up with down 7 on the SPX...

They are blaming oil.......

3 comments:

new comer said...

morning, long time no chat...

the market set up is terrible, Dow futures are down by 50 points, however, as the upcoming exchange hoilday there would be a upside bias, so i will sit and wait until there is a clear direction of today market.

What's your thoughts?

Eric said...

Morning,

I was hoping for some good upside, seems like nobody wants stock today.

Oil could kill us all....

I hope you are well

Tony said...

SPY at $138.20... this looks bad.

If it breaks down below this point, the next support may be $132.

What say ye?

I wonder what TK says?

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