Looks like they have returned from their Thanksgiving break. I find it very interesting that we bounced right as the Dow was about to go red, on no news. YM volume doesn't support the large upward move from 8,176 to 8,396 in 15 minutes. Does anyone have an explanation?
the recovery just like the one in 1975 will be v shaped. NO one cares about Gm or housing. All of this doom and gloom is overblown.
its the EOD market roid rage....ya gotta love it...all day i was up lost it in 1 5 minute bar and then made it all back and a little more on the 5 minute bar after that....sheesh..someone get me a zanax...
um ... unemployment is 6.5%..only 5/10% above the historical range of 4-6%. Only 2% of homes have been foreclosed.
Who in their right mind would go long in front of the economic news to be released tomorrow? - ADP Employment - Productivity (no big deal) - ISM Services - Fed's Beige Book
it was funds loading up and panic short covering. 7/10 past days we've seen EOD rallies. This is a good sign.