Ok, the Fed’s are going to buy $400 Billion in Treasuries by the end of this year. This should give the market the final push needed to rally up to the SPY FP print of 127.07… which I hope hits by this Friday or early next Monday.
Usually there is a head fake in the opposite direction after the Fed minutes (here at 2:15pm)… which I think will be down first and then a rally. Strap on your seat belts!
Not good for the bulls… that’s for sure. We close to a huge sell off. It’s just a matter of getting short by the end of this week or next Monday I believe. After that, I think this next wave down will dwarf the previous one we just had in August.
Ok, the Fed’s are going to buy $400 Billion in Treasuries by the end of this year. This should give the market the final push needed to rally up to the SPY FP print of 127.07… which I hope hits by this Friday or early next Monday.
Well,
Nothing is happening? Late again… taking lessons from Obama I guess?
yup san man. apple needs to drop for this market to fall/ 2600 is ultra important
http://www.marketwatch.com/investing/index/COMP
Here we go folks…
Usually there is a head fake in the opposite direction after the Fed minutes (here at 2:15pm)… which I think will be down first and then a rally. Strap on your seat belts!
Apple Negative divergence: http://niftychartsandpatterns.blogspot.com/2011/09/apple-negative-divergence.html
Stimulus or NO Stimulus… it’s seems like a lose/lose situation to me.
news: GOP leaders said: for the first time in history, they are
telling FED not to do any stimulus to the economy.
Not good for the bulls… that’s for sure. We close to a huge sell off. It’s just a matter of getting short by the end of this week or next Monday I believe. After that, I think this next wave down will dwarf the previous one we just had in August.
http://www.bespokeinvest.com/thinkbig/2011/9/20/stymied-by-the-50-day.html
Nice to know our wonderful leaders are going into hiding next week…
http://www.in5d.com/world-leaders-will-be-in-recess-during-elenin-alignment-september-26-27-2011.html