How can the US stock indexes fall? with POMO

Discussion in 'Index Futures' started by Rickshaw Man, Feb 7, 2011.

  1. They can't fall far, not with the central banks pumping 10 billion a week to primary dealers, just ain't gonna happen.

    First sign of selling a fed head hits the wires taking about QE3. I have never seen the central banks micro manage the markets like this.
     
  2. Maverick74

    Maverick74

    You are delusional.
     
  3. What's going to be funny is when the Dow hits an all time high and we are still @ 7.00% unemployment, just throw all logic out the window folks.
     
  4. Price action says otherwise. One could make the argument that the markets are delusional.
     
  5. Maverick74

    Maverick74

    Anyone who has been around the market for more then 10 years knows this price action well. There is nothing new here.
     
  6. We have never gone up this many days without a close below the 10 day moving average, that is new.
     
  7. Maverick74

    Maverick74

    OK, as soon you as you mentioned moving average I lost interest in this conversation.
     
  8. What happened last time? Did it end in tears?
     
  9. Maverick74

    Maverick74

    Not if you know how to trade.
     
  10. Feel free to provide more detail ...
     
    #10     Feb 7, 2011