BEFORE THE OPEN
Futures are trading lower on the heels of yesterday's massive move higher. ES futs -6, NQ -6.5 and YM -50.
I guess the thing to look for is how quickly the futs are bought and how soon they are faded from the initial dip buyers.
Gold down about $18 and not acting like a must have commodity while Crude down about $.42 cents. Bonds rates also moving higher reversing the trade from last Wednesday.
Some interesting links this AM:
Dr. Brett on the the Bull;
Bernstein from MER says SELL the FINS;
BIG with some numbers;
Jeff Saut on whats next;
Charts from Brian;
Reader's Indigestion;
Paying the TARP;
AIG and the IRS;
Lance looking OK;
Continental Drift;
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