Thursday, July 26, 2007

Here We Go Again!

Futures are down 12 points (back from a low of down 18 or 19 points) and things look to be interesting at the open.



Hundreds of companies reported earnings after the close yesterday and hundreds more will report pre-open and during the trading day.

CNBC is scrambling to get bears onto the screen and everybody is talking about "credit concerns".

This volatility should last awhile.

2 comments:

Anonymous said...

This hurts!!!

Dinosaur Trader said...

Yeah, it's one of those days where if you try and pick bottoms all you get are stinky fingers.