Replies to post #35424 on The Black Box

[dieselfuel]

Well, since the markets started to sell off near the close, I figured we'd get more up-side tomorrow, at least the first hour or so. So, instead of going short via one of the etf's, I thought I'd wait til tomorrow and see the open.

Now, FedEx reports bad numbers and the markets are down in the afterhours.

I hope we open green tomorrow. I'm looking at FAZ on the short side anmd watching NNVC on the longside for a quick trade.

Damn it! Now I see FAZ is up 3.17% afterhours.

[gottfried]

re: All I'm reading is bullish news. Here's some bearish news "AT&T Layoffs: The Tip of a Telecom Downturn
Cutbacks in consumer spending will force telecoms to trim staff and spending—likely spreading the pain to equipment makers as well"

http://www.businessweek.com/technology/content/dec2008/tc2008124_185061.htm?link_position=link1