Futures Pointing To Big Up Open
I love seeing the futures point to such a monster opening on what would normally be a quiet morning. We’ve got Bush talking about the mortgage crisis, and Bernanke speaking about the economy and the futures are pricing strongly up this morning. That is a joke imo.
We’ll see what happens, but this kind of upward pricing ahead of this kind of chatter has often led to a reversal of whatever the futures are originally pointing too. Today is a make or break day for me in whether I take my short trades off the table or not.
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