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Green Market tomorrow for JSE?

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Not applicable
US opened in the green, what is everyones thoughts?
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11 REPLIES 11
_nova
Super Contributor
Man I wouldn't try to guess right now. The DOW is swinging like a jilted lover.
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Not applicable
Forget it boet, trend is down. But you can gap in here and there and make some moola.
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venice
Super Contributor
I realized today I have no idea and have decided to stop trying and just go with the flow. Is that capitulation I wonder.
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_nova
Super Contributor
As I live and breathe I am totally gobsmacked! The VIX at 76.66 is just totally out there on the lunatic fringe. This market can go any direction. However, the LIBOR 3 MONTH still at 4.5025 is much too high and clearly sends a message of distrust. The big financials are not lending, it's that simple. These 2 indicators are uber important. That LIBOR rate must come down to at least below 3 to start thawing the credit market. It's just too expensive now for companies to borrow
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Not applicable
this could be big if Dow pushes through 8700 / 2 inverted H/S on a slope the other at 8700 !!
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Not applicable
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Not applicable
What the? I short the dow for over 200 points and now its back up above 8700. I should've taken the second gravy train. Anyway, tommorow will be another day.
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niemand
Contributor
Up over 400 points. Green day tomorrow it is.
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_nova
Super Contributor
whooowee we going to have the GAP UP of all gap ups this morning! There's going to be some wild swing trade opportunities today!
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og
Frequent Contributor
It can only be green - no more red left in the colour spectrum lol
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_nova
Super Contributor
careful, the DOW futures are flat to slightly red and the VIX is still on lithium
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