• OneLongTrade
    Futures action looks healthy so far IMO. Would not be surprised to see a gap down get bought up and a close above 1360 on the SPX for a
    5/6/12
    Reply (7)
    • OneLongTrade: triple bottom. Mutual fund Monday might lend a hand?
      5/6/12
    • Josh Krause: Definitely think that the gap I'm seeing in the futures will be closed at some point. Simply not enough news this week.
      5/6/12
    • Josh Krause: Unless the EU banks are going under, which they very well could be. Wish I'd bought some puts.
      5/6/12
    • OneLongTrade: I'm closing out some of my puts tomorrow, futures bounced pretty hard from the initial overreaction. I doubt this weakness holds.
      5/6/12
    • OneLongTrade: Markets don't like uncertainty, now that the results are out, we have more certainty than we did Friday and can price this in and move on
      5/6/12
    • bigazul: Not so sure, looks like the election results increased the uncertainty. Either way, I'm probably sitting on my hands at the open.
      5/6/12
    • DettoTheSecond: Bullish x5!--bulls never lose! Worse case scenario: you hold for the long-haul!
      5/7/12