posted on Oct, 15 2008 @ 08:15 AM
yea i see that. -216 dow futures last i checked.
and the open interest for the put/call ratio for close yesterday ( for dow, s&p 100, and 500 combined ) is 0.83
and from what i understand, that is a signal for going down.
i called it yesterday to be a slight gain for close of today. i still may be right, but, its not looking that way. either way, i still believe we
are in a down trend for sure.
here is hoping for the best.
did anyone notice that oil closed at 75.94?!
if that keeps up, it wont be profitable to pull it out of the ground. and me and my petrochemical job will dry up. yikes!
[edit on 15-10-2008 by JSR]