5.13.2008

PRE OPEN


Futures are trading lower on the heels of lower markets in Europe- while Crude is down 68 cents to $123.6 and gold down $7.4 to $877.5.


As I mentioned in my closing post yesterday, I sold lots of longs as the VIX hit the lowest number many months and I don't look at that as bullish. Check what VIX + More had to say about the VIX here.


The Quant on his take on the lowwwwwwwww volume;


Barry with more low volume tidbits;


The latest poll;


S & P with latest earnings numbers for 2008- PE 15+;


Mike with his charts and comments;


And Iraqi corruption?



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