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Direxion Daily Small Cap Bear 3X ETF Message Board

  • dkships dkships Feb 16, 2013 11:18 AM Flag

    Merger Monday... or maybe Tuesday?...

     

    ... nothing makes markets giddy like M&A... throw out some bearish email late on Friday, suck in some panda's, then boom goes the dynamite with something that dwarfs everything else... nah, that would never happen right?... what...

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    • The Heinz deal didn't move the market much. It was still a down day for the most part, although not a big dropper. I'm sure the buyout helped prop up the market more than usual, but I would be shocked if another big deal happens on Tuesday. OPEX on Friday also was a pinning day. I suspect the market will pullback more next week. The market has gotten way ahead of itself.

 
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