What goES Up, Must Plunge Down

Tyler Durden's picture

And just as the regular traing session, which is now obviously composed exlusively of the occasional bipolar lunatic and a whole lot of 'buy only' algorithms, levitated stocks above the inferno of Japanese reality, so the after hours session provides a convenient buffer for all those who have access to daily ES trading to take advantage of old mom and pop who are stuck with their IBM shares until tomorrow's gap down, and reintroduce gravity to the equation. Behold afterhours futures trading, er, sliding. Japan opens in an hour and a half. Bring your fireman's helmet.