No, you were not the only one to notice the flip:
http://www.godlikeproductions.com/forum1/message1888130/pg1
Wow! Just flipped from -280 to -19! Guess the PPT is getting am early start.
Now down 24.34
word on wall street is that Scott Walker survives the recall election tomorrow in a landslide, Obamacare gets waxed next week and a deal is in the works with romney transition to fix taxmaggedon....
Worth reading Zerohedge for up to date information on this sort of question.
It’s a “sky is falling, doom is here” alarmist group of folks (largely libertarian it seems), but they are right about a lot of stuff and update constantly with every little market move:
It’s been a rigged casino for several years now.
Wait 5 minutes.
Markets in Europe didn’t plunge? I think the very bad futures were based on expectations from Japan’s plunge. Europe’s non-catastrophic opening probably put away jitters of a Black Monday-type panic.
More bad factory data. Ours and China's.
Institutions taking advantage of the drop on Friday. Up 22 is pretty much flat, but there are buying opportunities that can drive it back up after a big drop.
Well, I told you so, in a post to FR yesterday:
“Market will sell off early, bargain hunters will come in the afternoon, averages may well end unchanged.”
As it turns out, it turned around earlier than I expected. The Dow was down only 60 points, and now it is nearly even.
Remember, the market factors in all known information. Did anything startling happen over the weekend? No. So it is equally like to go up or go down.
I’m still waiting to buy, if the prices hit my targets.
Soros is using fuzzy math.
Because the market is being manpulated. When he first occupied the WhiteHouse,a member of his Administration stated on the news that when the stock market had a down day, the next they[the Administration] would send in buyers to run the market up.
Down 62.18