Lol. I made some money on TVIX, lol. 10,000 at $19.46 but I never expected it to do this. Tomorrow will be really really interesting. After such a huge drop today and massive selling into the close I just can't see how the market doesn't go down tomorrow, even slightly, with this much downside momentum, it has to head down.
Don't count on it. Bargain hunters far and wide will probably pour in along with Greece getting the bailout sometime in the next 12 hours which will sink the dollar and news networks will pump. I see a 100 point or more up day tomorrow. Be careful, this market is much more resilient than u you might anticipate.
The Fed is the one keeping the market stoked. Will they put out a QE3 punch bowl for the partiers?
Too bad the lousy Obama economy cant 'get it up' despite the Bernanke viagra. This guy's REAL middle name was Hoover, but he only pretends it Hussein to be more popular. ....
Yes, bargain hunters will come in, supported by the Bernanke put. Yet this is looking very like a haggard, aging and uncertain bull. Dont think the summer economic numbers will be kind to the market or our loust President. Call it weiner-gate. We have a bunch of Weiners in DC who need to keep their hands to themselves.