Quiet Panic

After a huge bearish day on Friday we are down in the futures 33% of that same amount in the last few hours. What does it all mean? Get in or get out of the way. Place you bets. Monday is going to be a very interesting ride. The US Dollar has been falling fast, the housing market bubble is just now starting to show numbers. From what I have heard from retailers volume is slower than normal.

One thought thing that keeps sticking in my head with volitile times like this came from Jeff Kohlers web site a few months ago. He said Place you bets at the open and close out at the end of the day. This was when the SPX moving up/down 40 points in a day. Um! Sounds like this past Friday.

Currently SPX futures down 12.50, DOW Futures down 110.