S&P 500 Emini futures seminar coach for sept 19 levels

emini dow trading no more AIG on the DJIA

No more AIG on the DJIA. The Dow Jones removed IG from three benchmarks, the Dow Jones Industrial Average; its Dow Jones Global Titans 50 Index; and Dow Jones Insurance Titans 30 Index.

They mentioned it is because of "Financial Distress"

You think?

Put this together with the fire sales going on and where do you think the market is heading?

We have had alot of intervention. Do you think the intervention will change over time. Maybe letting individual companies fold rather than being taken over by the government.

We shall see.

Central banks, the fed and more money into the pool

Overnight Central Banks around the world, including our Federal Reserve, almost quadrupled the amount of dollars central banks can auction around the world to $247 billion in a coordinated bid to ease the crisis.

The Fed increased the amount of dollars that the European Central Bank, the Bank of England, Canada, the Bank of Japan and other counterparts can offer from $67 billion ``to address the continued elevated pressures in U.S. dollar short-term funding markets.'' Investors stockpiled money on concern more financial institutions would fail after the bankruptcy of Lehman Brothers and the problems with AIG. The cost to hedge against losses on U.S. government debt climbed to a record yesterday.

Watch yourelf out there.
Emini Trading Coach

S&P 500 Emini futures coach for sept 18 levels