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To: gizwick who wrote (116802)	11/13/2013 9:28:09 AM
From: Bear Down	Read Replies (1) \| Respond to of 118717

pre-market futures are rarely an indication of what is to come for the day, at least past the first hour or so. With no catalyst for a "market meltdown" as you called it, I think the futures being down premarket is more a reflection of what happened in Asia overnight and Europe so far this morning. However, lately, Europe's close has been taking its cues from the US morning market more than from its own first half day of trading. I would never consider thin pre-market futures trading without a true catalyst for a market meltdown as an indication of what the full day will bring. But what do I know. Just the fact that I am not overall bearish on the market and think the Naz will see a new all time high before any major prolonged bear market could begin would be considered a contrary indicator to many that know me and they may think if I'm not bearish, they better run from their bullish positions. Remember the market is half psychology and half math so don't over think it, especially pre-market trading. i for one love when the futures trade down premarket as it causes the skittish to start buying insurance, sending the VIX, and more importantly, VIX related ETF's higher, albeit nothing that will hold if the thought to be inevitable market meltdown doesn't show it's face during full day trading. Don't worry, there will always be another excuse tomorrow to think that a market meltdown will be in cards for the day. If you think that way everyday, you will eventually be right, albeit possibly broke if you trade according to your pre-market thoughts. EDIT: i should have looked at the one stock you claim you decided not to sell yesterday to realize it is possibly the only stock you had, even before yesterday. That way I wouldn't have wasted my time with a logical explanation to your "nothing more than a guess" prognostication. Seriously you think a $2 pink is your best stock to hold long term and empty a portfolio over? Wow, I feel so stupid for even responding to you without first looking into your posting history but I will leave my response up in hopes you or someone may possibly learn something from it.