This could be a selloff day itself. Oils down more then $2.50 in pre market and the S&P is down 9 points or almost 1%. I expect a buyers strike through mid day tomorrow before any possible bounce around 1037 on the S&P.

C Citigroup Inc The banking giant reported third-quarter net income of $101 million, a 27-cent loss per share, on revenue of $20.39 billion, compared to a loss of 61 cents a share and revenue of $16.26 billion in the year-ago quarter. The results included $8 billion in net credit losses and an $802 million net loan loss reserve build. 4.73 -0.27 / -5.40%

__________________
All my posts are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here

I know it looks bad for Citi. What would cause Citibank to not do a reverse stock split before June 2010? I'm worried about buying more shares because of this possibility.

Thanks.