The 'durable goods' data was just released and the numbers were not well liked by Wall Street. Futures take a sudden drop.
Is this setting the stage for another down day in the markets? Or will this be the proverbial "last straw" that opportunity hunters will pray upon and thus start buying? I think we will see some buying early on that very idea by large money speculators. But what will happen by the end of the day is the question that can not be answered yet.
Remember that the FOMC meeting begins today and the results to be released tomorrow at 2:15pm.
Fp80
Wednesday, June 27, 2007
Pre Market - futures dropping
Posted by Fp80 at 6/27/2007 08:32:00 AM
Labels: Pre Market Summary
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