TradeStalker's
R.B.I. Trader's Update
10 / 24 / 2008
Pre Open Update
...............................................
Dateline: 9:10am eastern time, es8z= 855.2 nq8z= 1168
The futures are locked limit down this morning. It might
be a good day to wait things out for an hour or so and
then see what's going on. Watch the cash indices when
the market opens. If they are well below the limit on the
futures, the futures will re-open at or below that price.
Good trading,
Mike
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Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
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