Monday, January 28, 2008

Futures Lower

Dow Jones futures -84
S&P- 11
FTSE -150

We are catching some negative overflow this morning from world markets which are lower.I think we will get a tradeable bounce this week. I believe I mentioned the Fed meets Tuesday,it will meet on Wednesday. My apologies. We could catch a good bounce mid week as institutional month end window dressing comes in to play.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.