pretty much bang on. however, the market is going the opposite direction i would have expected. of course, it IS the bizarro world of algos and hfts. so i guess i should have expected a giant leap based on disappointment.
Yesterday was interesting as far as the reaction to the committee. We have a recent situation whereby Treasuries, equities, and commodities were purchased. A disconnect will occur. Which way? Seems like more of the same. Outside forces tampering with the natural order of the markets. Another set-up for a flash crash? Equities or bonds? Both? Commodities to follow as liquidity issues arise? Interesting times.