Posted by: eminitrader March 4, 2007
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There is red all across the board. S&P futures trading at 1379 right now, 6 points below Friday's low. It has already traded about 40,000 contracts. that's a big volume for a Sunday. Usually when the market opens way high or low from the previous close, I like to take the opposite side with small stop. Most of the time it does not work but when it does the payoff is huge. This is strictly day-trade. Long-term I'm still bearish.
http://finance.yahoo.com/intlindices?e=asia