DOW FUTURES Slumping...Market Watch for 11/3/11

-150 is pretty bad

We'll probably end up seeing the usual weekly seesaw action. But, hoping to wake up and see the futures at -200 lol.

I'm expecting one more rally (i.e. short squeeze) before the next big leg down.

The market will either slowly bleed lower, or it will spike up and down depending on the news headlines, but ultimately there is a big correction coming to take it down to at least 10,000 points.

This is one of the biggest opportunities to profit from the market since 2008. Just don't get greedy, position yourself with room to allow for some nasty swings.

how are you positioning yourself?

I am in an etf called FAZ.

Is Thursday the new Friday?

Keeping it simple, just short on the DOW.

Now it's up almost +100...

Possible thread fail lol. Let's watch it...

Now it's up almost +100...

Possible thread fail lol. Let's watch it...

+1** - -1** isn't worth noting.

You're going to get crushed today. Sorry...

Watch the EUR/USD and the various support and resistance levels.

EUR up today.

Also - UNPIN - DOW futes up over 90 and this isn't even updated for the reaction (up more) to today's phony jobs numbers 'beating estimates' (only to be revised lower next week).

GLP Effect.

Please have some respect for its power and use it wisely, OP.

In the future, please use it to prevent earthquakes, not stock market crashes.

the markets are probably excited that G-Pap is out and Europe is saved!!!

wait are you serious op?

when you posted this futures were down 100 and it rose over 200 pts where it now sits +120??? in like 1 hour??? thats sketchy as fuck imo

you're thinking pre-euro spotlight. It's a new world now.

meanwhile greece has no prime minister

You're right, very good point! Thanks for the tip.

ECB cuts interest rates 25bp to 1.25%

Time to buy buy buy!!