Newsflash: The bailout has officially died in the senate as of 11:03pm, as it could not find sufficient number of votes from the Republicans to pass the legislation. Oil have down more than 2 dollars in the past hour and US Stock Futures have gone down for more than 3% tonight.
There will be another dreadful Friday in Wall Street tomorrow, will there be any chance for SDS to hit 130 again?
By the way, it is already impossible to short GM stocks from my broker, and I suspect it should be the same for everyone else as well.
I don’t feel like looking at the market tomorrow, to be honest…