The PPT Rally Has Begun

8,000 should be easily broken

 

This must be the 5th time this year that a huge rally occured at 3pm on a Friday, curious.

 

I bought loads of LEA yesterday. Any opinion on this stock?

 

Over 8,000 would be a great shorting opportunity

 

Citigroup is dropping as the market is rallying.

 

I agree I averaged C but no strength at all
Most the financial are still in negative
The big boys are playing with the Emini i guess

 

Woh all the index and e- mini trader are covering their short,s before the weeked

 

buy goog, ewz ,ma, bidu, aapl, fslr rimm and make money avoid all financials
werd

 

I told them that it was the bottom on two threads and on RFT's financial traders blog, but they did not listen. I even warn them at 2:37PM that the rally is about to start (before it did) but they still shorted the market. It is the nature of the market.

Evidence is at the threads, and RFT's blog:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=127406

http://www.elitetrader.com/vb/showthread.php?s=&threadid=145546