It all fell apart and is still falling apart after hours. SPX cash closed at its 200 dma, but that might be history by tomorrow. I'm not sure anyone is going to step in front of this train ahead of the weekend. Panic is setting in, the kind we have not seen in some time. Key overnight support for ES will be 1544.25.
Keep in mind that next week is option expiration week.
Keep in mind that next week is option expiration week.
This entry was posted
on Thursday, August 09, 2007 at 8/09/2007 09:14:00 PM.
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