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Look Out Below ?

Posted By Barry Ritholtz On April 28, 2009 @ 6:30 am In Markets | Comments Disabled

Note the question mark in the title — is this the same gig as yesterday? Yesterday morn also had Dow Futures off triple digits, but it was less of a sell off than implied.

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428-futes [1]

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But it didn’t seem to matter much– markets rallied after the open, and closed much better than the futures would have suggested.

Is today more of the same, or is the overdue correction imminent.

I suspect the latter.


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