Well, Madman Ben just announced 4 press conferences a year, so that might have something to do with it…here’s the text (for all):
TODAY TWO LARGE MACRO FUNDS OVER HERE HAVE GONE WILDLY LONG S&P. NOT LONG. WE TALKING 250% NET LONG. IT LOOKS LIKE CONCERTED ACTION ON GDP DGRADES FROM GS AND BOFA ARE THE LETTER DELIVERED TO BEN ON QE3. HUGE DIRECTIONAL BET WITH NEW CAPITAL PUT AT WORK. MOST LIKELY THE TWO INSTITUTIONS ARE COORDINATING ACTION WITH OFFICES IN CONNECTICUT. CHECK INFLOWS OF BLUE CHIP HEDGE FUNDS IN JAN FEB. APPLY 2.5 LEVERAGE. WE ARE TALKING ABOUT SOME 40-60BN PUT AT WORK PRIMARILY ON EMINIS AT THE MOMENT. WHETHER SOME EXTERNAL FORCE WILL LEAVE THEM HIGH AND DRY I DON’T KNOW. BUT IF ANYTHING SEEMED TO BE AT LEAST NOT TOO IRRATIONAL UP TO NOW, IN THIS THIRD WAVE, BE READY FOR REAL ROCK AND ROLL.
Hey ZZB… sorry I don’t have access to 4 hour charts on my charting
programs… I hope/pray you are right as I am 100% short (in one acct) right
now. What short etf were you watching? just curious! I read Red’s blog
because I am addicted to/love you guys 😉
check this out on Zero Hedge :http://www.zerohedge.com/article/someone-leak-something, the market is ready to go to the moon!
I hope not, there is no reason, but who knows why? Maybe more problems in Middle East and Europe and everyone goes to ” Safety” like the US stock market?
Will see….
ES & NQ going crazy after hours. Either they want to push all the indices up like 3% tomorrow or they want to make the buying climax today. I haven’t seen anything like it. There are a lot of “firsts” in this 100% criminally manipulated market.
look at the upper resistance trendline on the four hour and tell me that again. dont the faster charts push the daily up, and if the faster charts say they are tired then………
I noticed my bear etf watchlist hardly went down at all. hmmmm.
We make a best guess and go with it, right? If we knew then we wouldnt be reading Reds blog. lol
Well, Madman Ben just announced 4 press conferences a year, so that might have something to do with it…here’s the text (for all):
TODAY TWO LARGE MACRO FUNDS OVER HERE HAVE GONE WILDLY LONG S&P. NOT LONG. WE TALKING 250% NET LONG. IT LOOKS LIKE CONCERTED ACTION ON GDP DGRADES FROM GS AND BOFA ARE THE LETTER DELIVERED TO BEN ON QE3. HUGE DIRECTIONAL BET WITH NEW CAPITAL PUT AT WORK. MOST LIKELY THE TWO INSTITUTIONS ARE COORDINATING ACTION WITH OFFICES IN CONNECTICUT. CHECK INFLOWS OF BLUE CHIP HEDGE FUNDS IN JAN FEB. APPLY 2.5 LEVERAGE. WE ARE TALKING ABOUT SOME 40-60BN PUT AT WORK PRIMARILY ON EMINIS AT THE MOMENT. WHETHER SOME EXTERNAL FORCE WILL LEAVE THEM HIGH AND DRY I DON’T KNOW. BUT IF ANYTHING SEEMED TO BE AT LEAST NOT TOO IRRATIONAL UP TO NOW, IN THIS THIRD WAVE, BE READY FOR REAL ROCK AND ROLL.
I guess that means QE3.
Hey ZZB… sorry I don’t have access to 4 hour charts on my charting
programs… I hope/pray you are right as I am 100% short (in one acct) right
now. What short etf were you watching? just curious! I read Red’s blog
because I am addicted to/love you guys 😉
here’s a one second chart of that spx futures spike
http://twitpic.com/4cw6cx/full
here’s the chart…
https://lh4.googleusercontent.com/-oiczdWQt38w/TYu8M-ldlNI/AAAAAAAACUo/uNxYHSPhryA/s1600/spoos+spike.png
check this out on Zero Hedge :http://www.zerohedge.com/article/someone-leak-something, the market is ready to go to the moon!
I hope not, there is no reason, but who knows why? Maybe more problems in Middle East and Europe and everyone goes to ” Safety” like the US stock market?
Will see….
ES & NQ going crazy after hours. Either they want to push all the indices up like 3% tomorrow or they want to make the buying climax today. I haven’t seen anything like it. There are a lot of “firsts” in this 100% criminally manipulated market.
look at the upper resistance trendline on the four hour and tell me that again. dont the faster charts push the daily up, and if the faster charts say they are tired then………
I noticed my bear etf watchlist hardly went down at all. hmmmm.
We make a best guess and go with it, right? If we knew then we wouldnt be reading Reds blog. lol
Actually it is just down not a FP I guess… why would RIMM’s earnings effect netflix? Or if it isn’t that let me know what is going on K.
NFLX FP of 123 afterhours…
I hope some of these mean something – that is like $6 off of the close
FP at 4:41 of 129.68
sent screen shot to Red