Discussion in 'Trading' started by MrDODGE, Nov 14, 2008.
PPT using TARP funds to buy futures contracts midday to pump the market?
i doubt it. the retail sales number were just horrific. yesterday was a text book example of a bear trapping bulls. i am sure many held overnight because of that reversal candle stick. this is a brutal market and the best traders are getting sacked.
I hear you. I just made my way back to breakeven like an hour ago...I am going to take a small position long over the weekend. ES position that is.
Worst retail numbers since they started keeping records since the early 1990's.
I actually thought they were going to be worse, -4%-5%.
There's got to be a lot of people who missed out yesterday and are waint for the pullback. A 50% retractment is around 863 and 38% is at 872..
Right on schedule, the Dow jumps 100 points. I am not going to be shocked if we close green today.
same trick can't be used twice in a row.
If I were PPT, I would not do anything today.
Just out of curiosity, has anyone noticed that the 'TIME' to go long used to be 2:30pm and now is 1:30pm?
Daylight savings time anyone? Perhaps the master TARP computer didn't get updated.
what's PPT stand for?
Not sure we need PPT today. People think the bottom is in.
Separate names with a comma.