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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (5703)3/1/2005 9:26:52 PM
From: Walkingshadow  Read Replies (1) of 8752
 
<< am willing to bet that it is in Bull –trap rally mode for the opening bell tomorrow. >>

Maybe, but if so, then the index futures better shape up between now and the open. Currently they are trading with a significant bearish bias after a rough afterhours session. Dollar is trading up some, gold is down, but oil is trading near $52, trying to decide if it wants to try to make a run at the all-time high.

It is still early in the futures sessions, but at this point it looks to me like NY will open down, but if the futures markets shape up then bull trap it will be.

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