Still looks bearish on a weekly chart.

When they smell bankruptcy in the financials there will be a really hard fall.

Would you wait until after 10 AM to see what today's possible price level is likely to be? Do you think that we could re-test Monday's highs?

Matt:

Futures are up before the market opens, any thoughts about how to manage our short positions such as buying protective calls for today would be appreciated.

Thanks!

Yes very nice- Thanks!

I bought to open 5 QCOM Oct 55 Puts yesterday @ 2.78- Thanks!

I think that everyone here is in agreement!

Do we drop from here? On the 5 min chart it looks like the RUT/ IWM is rolling over w/ declining RSI.

Thanks for your reply, it's on my watch list.

I remember when USU was about 18 and I bought some Leaps 20 calls. I sold before it fell down, it would have been great to buy some puts but sometimes I'm easily distracted. So what is the catalyst to propell it skyward?

Thanks for posting Steve, what shall we trade?

Well I have an open position QQQQ Oct 47 Puts and IWM Oct 73 Puts

Cramer says the bottom was in July 15- I disagree & he is promoting WFC at America's best bank. ? LOL

Matt, Dodger:

Looking to open a atm put position on QQQQ or IWM any thoughts on entry today?

What would be a good entry for FMD tomorrow?

Matt: What do you see as supprt with the RUT for today?