S&P futures now down 25.00, NASDAQ100 futures down 32.00!!
cme.com
It's going to be ugly today...
>Crazy market, panic looks probable, complete international monetary
>confusion ...
>S&P Future now down 14.5, it was down 22 about 1/2 hour ago, if:
>(1) it can get to down 10 or less before open US Mkt should be
>relatively OK today, BUT
>(2) if it is down 20- ALL bets are off
>
>US $ taking BIG undeserved hits again.
>
>Talk about new paradigms, this may end up being BIG trouble for all
>issues. DELL could take the biggest hit from those trying to salvage
>profits, cover margins/loans, being immature investors, recent DELL
>NON-upside qrtly consensus guidance and its inordinately high P/E.
>CPQ unfortunately could be tugged down this effect on DELL even
>though it does not suffer from the same issues.
It's going to be a tough day and then some until sanity returns. |
