Wednesday, November 12, 2008

Pre-Market

Pre-market points to a lower open, despite the fact futures are up a hair. The Q's found support yesterday at 29.80 area and rallied to end down a modest amount. The trend is still down, and I don't have reason to believe otherwise; it still looks like it wants to test the prior low support near 28.

I opened a global trading account with E*Trade last week, but I haven't funded it. It's there just in case, though.