House of cards will fall sooner or later. IMO we need a rate hike to burst this bubble though. That's the only thing that's different this time around. Greenspan's hand is out of the money.
They won't raise rates. Apparently, there is no inflation because people don't eat and they don't drive.
Europe up .75%. ES futures jumped 5 points in the past hour! As usual, each "correction" in the US market lasts less than 1 day.
YMM07.CBT Mini Dow Jones Indus.-$5 Jun 07 13,536.00 4:23am ET Up 30.00 (0.22%) Wow, looks like another huge up day on witching Friday. Another triple digit gain....dear lord:eek:
Holly cow look at the spread in YM 6 points, they pull the offers and tap it with a one lot now were up 30, sure is easy to lift just look at the thin offers.