JI
jimkane
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Posts: 33,089
Indications just came in. Gap up to 60.75 (and the SPY indicated down about two points after Friday's close...). What a shocker.
JI
jimkane
Rep: 3,058
Posts: 33,089
The indications have ticked down twice so far, now at 59.50, up a tick from the close. But this is just a starting point, and it can explode from there, in either direction, on the open. I would 'guess' up. I just can't imagine down, despite how much it needs some down for a bit.
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jimkane
Rep: 3,058
Posts: 33,089
No news on blogs, nothing on ZH yet, nothing on Bloomberg, crude just dropped almost $5 in minutes, then bounced up around $2.65 in minutes. And Bloomberg isn't saying a single word. If they released from the strategic reserve (why would they do that???) it would be all over the news.