Here is his speech: http://www.federalreserve.gov/newsevents/speech/bernanke20071129a.htm Here is some spin: http://www.bloomberg.com/apps/news?pid=20601087&sid=adwkIDKLxsYk&refer=home
Please tell me you locked in (covered) some of that 70 points that we rallied in the last 3 days! If not, position is still up 30+ points, but lost 70% of its unrealized gains....
Interesting fact today is that all 3 indices (SPX, NDX, DJ) tested their daily 20 SMA. Uncle Ben must be very unhappy about this coincident
i'm showing around 6000, or are you just counting the ones that drilled the ask ? nothing like juicing the futures in ah to trigger stops just above previous hod.
spoos tested the 200 day today, now with the futures juiced and a gap above it, 1490-1500 cash won't be hard to peg.