This Market Sucks!!!

bond insurer bailout plan will be announced early next week

 

And by the way, there were all kinds of divergences (NYSE tick and a 15000 vol chart) from the chart that i watch. Not a surprise at all.

 

so there was no news?

 

exactly.
Strike 1 -- its Friday
Strike 2 -- down day, downish week, everyone comfortable in their shorts

what were you expecting?

Then again, what do I know, I'm just a glorified ferret.

 

Bullshit! Someone really desperate spreading rumors.

 

Nice base was built for the last 4 hours, then circulate some bullish rumors and presto.

 

Why don't you play it both ways, then it doesn't make a peckers-damn what is the news, more important, your bias one way and one way only.

 

Whether you like CNBC or not, today is a good example of why you should have it on. 20 pt SPX move on Gasparino story.

 

If my memory serves me correct, this happened last friday too.

 

It was pump and dump just a couple of days ago, now we have trap and squeeze.