I'm not saying that the selling is over entirely, but I am suspecting a pop tomorrow. Went long with some Calls after a few profitable days with Puts.
It's possible we could see the S&P down to 1325 and AAPL down to 480.00 before this is all over, unless they catch soon, in time for a year end rally. IMHO
Good luck to all!
Why would you think the market would rally the day prior to a three day holiday? I do think it will rally on tuesday after everyone calms down. However,what do I know. I bought today at 545 when Cramer said, "sell." I thought that was a screamibg :BUY: signal.
jeez we've heard that every night after the bell, aapl stops falling and it starts to drift up on low volume..and the 5-10 minutes after the opening bell its negative and heading down...should have waited till tomorrow, market probably close big red and aapl down in the 520's
Obama acts like he is all anti Wall Street, however he has the largest "Wall Street" cabinet ever. Typically a cabinet will represent different industries whereas Obama's cabinet is almost ALL old Wall Street people. It's all smoke and mirrors folks. Obama is no more for the people than Bush or anyone else. The president is just a puppet. I think most educated people understand that now. Look beyond the president and you will begin to see the real agenda... destroy America.