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Re: Anyone day trading in this crazy market?

  •  08-27-2010, 9:25 AM

    Re: Anyone day trading in this crazy market?

    Futures are up, should be an up day actually.  This is why I don't daytrade Big Smile

    "The [gross-domestic-product] figure is more demoralizing than frightening. Despite $1 trillion in stimulus and a Fed funds rate at zero, the country continues to grow at a snail's pace," said Todd Schoenberger, managing director at LandColt Trading.

    Stock futures rose further after the Commerce Department reported that U.S. economic growth slowed to 1.6% in the second quarter. Economists polled by MarketWatch had expected a worse reading of 1.3% growth during the period.

    -9:16a ET August 27, 2010 NEW YORK (MarketWatch)


    "The trouble with socialism is that eventually you run out of other people's money" -Margaret Thatcher
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