It was a one way market since the overnight lows. You wonder how many out there knew Hilsenrath would come out with an untaper article.
well you gave me the biggest smile on my face a few days ago. i saw you post long positions than a few hours later market was down and you blamed it on you. can you please buy more haha also its more than insane anybody who been watching the markets for 20 years never saw anything like this before. the computer systems with unlimited money rule the market. i have my own personal feelings but i know the market can go up higher too. they talk about the front running with computer systems and getting data info a few seconds before the public now. its all good as long as market is going up but if it turns down they will want to charge them with crimes haha
now futures going nuts again DOW (MINI) FUTURES Index Close Cur Future Change 15176.08 15129.0 12.00 FUTURES FAIR VALUE (-25.92) Fair Val Close Cur Future Change 15091.08 15129.0 37.92 Last Updated: Thu, 13 Jun '13 | 6:18 PM ET S&P 500 (MINI) FUTURES Index Close Cur Future Change 1636.36 1633.75 2.75 FUTURES FAIR VALUE (-2.24) Fair Val Close Cur Future Change 1628.66 1633.75 5.09
Looks normal to me... But I maintain my call. We close UP tomorrow. Congrats if you bought the dip last night. If not, BTD now. We close up again tomorrow and will be at new all time highs.
Sp 1600 would be a fine example to point to regarding S/R . Agree,in my opinion also, Hilsenrath is the main reason for rally today and front running Fed words next week. Look at REITs, and less so, utilities and dividend stocks big up day. I know nothing but am looking for treasuries to confirm today. A move on the 10 year yeild back to 2% would be a big trade. IMO we don't move up to test SP500 highs without Treasuries bid up also. What say you?
That really is the best analogy I've heard for how the market lures you in. Each time you think it's going to be different..
bond trad3r you going to be rippin and tearin this weekend still? i am joking around of course because the market can go up or down next week and we both know that. i am a short but i am no fool and i know i can be wrong. you got to laugh at how the markets tease us everyday though. also i am a little scared of bubble ben saying he wants to buy 170 billion a month now on tuesday. <iframe width="560" height="315" src="http://www.youtube.com/embed/YVtEX1J7tXQ" frameborder="0" allowfullscreen></iframe>