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To: farlander

Will everyone just freaking calm down ? There is nothing extraordinary going on here from the size of the move, AND, the S&P futures looks like they’ve stabilized at only -13 and there seems to be some buying coming in.

______________

Well it’s on tv European market Coundown...BREAKING NEWS right now


246 posted on 02/16/2009 11:05:02 PM PST by mojitojoe (None are more hopelessly enslaved, as those who falsely believe they are free.)
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To: mojitojoe
SP almost invariably doesn't begin its ''real'' move for the day until about 1 hour after London opening. Agree with you that it's down 10-15 now, so what?

However, if DAX, CAC, and FTSE tank out this a.m., look out below on SP. Shades of 1998.

251 posted on 02/16/2009 11:25:33 PM PST by SAJ
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