I was beginning to really question hanging onto FAZ & RSW but so long as the S&P stayed below 1230 I felt relatively comfortable. Both are starting to pay now and I'm going to hold until we see what happens to financials. The markets are gonna' get their ass handed to them at the open but will this be capitulation and a sign of better things to come?
9/21 closes:
DOW: 11,124.84 futures indicating -300
S&P: 1,166.76 futures indicating -35
NAZ: 2,258.30 futures indicating -59
Gold is down over 3.5% @ 1,741. Hope you didn't get suckered.
Has the dollar bottomed? It's showing a lot of strength over the last couple of months and sits at ~78.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment