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U.S. futures hit positive territory after losses earlier in Asia. S&P 500 futures +0.9%...

U.S. futures hit positive territory after losses earlier in Asia. S&P 500 futures +0.9% after sliding as much as 3%. Dow is +0.4% and Nasdaq is +0.4%.
Comments (9)
  • Geoffrey Harris
    , contributor
    Comments (850) | Send Message
     
    Is this the turn? Korea and Taiwan engaged in massive intervention to stem the tide. If it were not for this, the dow would have probably hit 10,000 with 2 days. The whole set-up is extremely fragile. Should one sell one's long positions a little above break-even and cash-out?
    9 Aug 2011, 02:54 AM Reply Like
  • moreofthesame
    , contributor
    Comments (743) | Send Message
     
    "Should one sell one's long positions a little above break-even and cash-out? "
    Thats a good point. I think right now you see the vultures flying up above trying to snatch up anything that looks like profit in the short term. Non of that means anything in the long term. The long term requires trust which takes a long time to rebuild. I hope it spikes up and resolves the battle in a somewhat more acceptable realm.
    9 Aug 2011, 03:02 AM Reply Like
  • Jackson999
    , contributor
    Comments (468) | Send Message
     
    Now it for gold to plummet.
    9 Aug 2011, 03:06 AM Reply Like
  • varan
    , contributor
    Comments (4146) | Send Message
     
    Cue in the Tea Partiers that this is not good for America, and we need more pain for everyone.

     

    Never has a political group been so cheerful at the thought of engineering events that cause pain to every American in the name of fixing the country.
    9 Aug 2011, 03:07 AM Reply Like
  • Derek A. Barrett
    , contributor
    Comments (3534) | Send Message
     
    Would be nice if Seeking Alpha had a real time futures dashboard like this one, I think that would drive alot of traffic to the site, plus you could run the application from another server cluster so it doesn't kill the rest of the site:

     

    www.sgxniftydowfutures...
    9 Aug 2011, 03:15 AM Reply Like
  • Jackson999
    , contributor
    Comments (468) | Send Message
     
    Another one for your consideration:
    www.barchart.com/futures/
    9 Aug 2011, 03:44 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Yahoo had a nice one yesterday...now I canĀ“t find it
    9 Aug 2011, 05:19 AM Reply Like
  • mm88
    , contributor
    Comments (2) | Send Message
     
    Fear diminishes!
    9 Aug 2011, 03:39 AM Reply Like
  • mm88
    , contributor
    Comments (2) | Send Message
     
    Opportunity to sell or improved confidence?
    9 Aug 2011, 03:39 AM Reply Like
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