Absolutely frenzied buying ahead of Bernanke's speech!

Discussion in 'Trading' started by bonds, Aug 31, 2012.

  1. bonds

    bonds

    S+P futures just spiked to 1412 it was at 1398 when i got up a few hours ago...

    Is the market telling us something?
     
  2. Friday , shorts squeeze
     
  3. Common for some players to front-run Bernanke... just in case he provides some sugar. If he doesn't, likely the run-up will be taken back and perhaps more.

    Part of this run up this morning is also likely to do with jaw-boning about Greece by IMF.
     
  4. Daring

    Daring

    I think it's more euro related rather than US based.
     
  5. Yes. it is telling us to SHORT:D
     
  6. you better hope we crash if u still have that 1360 es short on, lol
     
  7. Tsing Tao

    Tsing Tao

    Think about how a heroin addict would behave when he found out his dealer was going to meet him at noon.
     
  8. It would help if you had a news source. Weidmann at Bundesbank rumored to quit. Main opposition to ECB bond buys.
     
  9. WE ARE PLUNGING :D :D :D
     
  10. lol, it seems so (or not?)...no worry man..

    i do not trade direction anyway so good luck but i kinda think u gonna be covering at some point...
     
    #10     Aug 31, 2012