Hard Selling Is Coming Today

May 20th, 2010

The harsh reality is finally here; the S&P 500 is on the verge of breaking the important 1,000 level here very soon. Futures are down over 1.5% already this morning and falling. From jobs, home foreclosure data, the EURO, Oil, and new banking regulation – traders are running for safety where ever they might find it. Remember that this could turn very ugly very fast, so please make sure you buy put protection if you need it. Good luck out there today!

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