fAT

Options Trader: Tuesday Outlook

ya but remember the Fed cut isn't until 18th march - a big lag from Jan 31, so unless they call an 'emergency' cut support levels mean less and less.
A rally could be in the works for tomorrow or thursday, i guess, but given all the news and and the new mortgage issues and continuing writedowns, and, now, overseas markets selloffs (DAX, for ex) it's gonna be hard to sustain.