The Fed's rally yesterday was very short-lived. Even I'm surprised! But more disconcerting still is that the S&P 500 futures tonight are continuing to fall ever farther, as depicted on this chart of the plunging stock market futures in the evening trading hours today. As of 12:40 am EST, more than 43,000 contracts have been traded during the evening hours here in the United States. Could you pump that raft up a little faster, please? It's getting a little wet in here...Wednesday, March 12, 2008
Time to Start FIlling the Life Raft for Stocks
The Fed's rally yesterday was very short-lived. Even I'm surprised! But more disconcerting still is that the S&P 500 futures tonight are continuing to fall ever farther, as depicted on this chart of the plunging stock market futures in the evening trading hours today. As of 12:40 am EST, more than 43,000 contracts have been traded during the evening hours here in the United States. Could you pump that raft up a little faster, please? It's getting a little wet in here...
