Yeah Sy... It's amazing, isn't it... The Nas futures are currenly up 95 points, something I didn't anticipate this morning.
As I awoke (or more correct, as my felonious feline nudged and licked me into consciousness..:0), I was wondering just where the futures would be at in pre-market.
Needless to say, I'm pleasantly surprised, and somewhat suspicious that we are seeing the work of the AG "plunge protection team"... :0) But hey, it's only fair since AG sets interest rates artificially high, that he would help us out setting some artificial support on the markets.
I, for one, am VERY happy that I'm wrong about today's apparent direction on the Nasdaq. However, I note that MSFT and INTC are essentially bidding about where they were at their close, while EMC is up strongly. Could be money going where they have the least chance of being disappointed.. and EMC certainly represents that for the intermediate future.
Regards,
Ron |
