we're at the edge of our seats on this one:
Pre-Market Report - Aug. 22, 2011 - CNNMoney: NEW YORK (CNNMoney) -- U.S. stocks were poised for an early bounce Monday, following the biggest four-week loss since March 2009.
Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were up about 1% ahead of the opening bell. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.
ever heard of the dead cat bounce? this is liable to be another exercise in futility, as markets will invariably wend their way lower in anticipation of another big bail-out by ben bernanke. rick perry take note.