Futures fall, point to lower Wall St. open

Futures fall, point to lower Wall St. open

www.reuters.com

S&P 500 futures fell 7.90 points but were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures dropped 98 points and Nasdaq 100 futures shed 10 points.

Sweeping government measures to rescue the financial system and restore confidence in shaky markets spurred a huge relief rally in U.S. stocks on Friday, ending a week that saw the most dramatic reshaping of the financial landscape since the Great Depression.

(visit the link for the full news article)

DOW futures now down at -181 already!

www.bloomberg.com...

Will get interesting tomorrow....

www.reuters.com
(visit the link for the full news article)

Oh wow...So are we looking at a stock market crash for tomorrow possibly?

Originally posted by MatrixBaller04
Oh wow...So are we looking at a stock market crash for tomorrow possibly?

While I think the market is going lower, I'm sick of hearing people calling for a stock market crash...the Dow is up ~900 points trough to peak in TWO days, obviously it's going to have a pull back.

[edit on 21-9-2008 by yellowcard]

reply to post by yellowcard


I agree. The artificial spike of the past two days (thursday and friday) could go and continue forever. I just hope we have moderate pull backs. I hate seeing dramatic drops, it causes panic, which is the last thing we need.

Originally posted by yellowcard

Originally posted by MatrixBaller04
Oh wow...So are we looking at a stock market crash for tomorrow possibly?

While I think the market is going lower, I'm sick of hearing people calling for a stock market crash...the Dow is up ~900 points trough to peek in TWO days, obviously it's going to have a pull back.

But not for long

Not a one liner.

[edit on 21-9-2008 by MatrixBaller04]

Last week was intresting. Watched Wall Street all day long every day. Alomost a 1000 down then almost a 1000 up. I bet my 2 cents it's gonna crash in the next 2-3 days. 100%. Long live the Amero.