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Posted in Bears Chat, Best of the Forums

ES 1230 +0.35% +4.25 pop on euro market bounce

European markets were looking to open -2% or lower, but slowly improved and after the open, it was BTFD frenzy, which is helping goose US futures. Considering the Eurozone is supposed to be the cause of the current financial mess, it sure seems bouncy. Itally’s stock market is actual up 0.5% right now ; It was down 6 or 7% yesterday, though.

ES futures ran a quick 10 points in 30 minutes. Nice volatility.

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