That will be the time to get short again…
FOMC announcement today 2:15 pm EST.
what is everyone’s take on what is next? A real bounce or new shorting opportunity?
When does Bernanke speak? If he doesn’t hint at a possible QE3, this market is really going to collapse!
Daily chart
SPY 100ma is at 1259.07, DOW 100 ma is at 11658.48I would think we would at least touch that and bounce…got close. Blew right thru 100ma on NASDAQ
I got $20 on Madman Ben alluding to Money Printing III today.
I’m just waiting on a bounce now Richie.
I was wondering about whether you were long or not Robert. I’m glad you didn’t get trapped. I missed the move too, as I got out early yesterday and was waiting for today to get short. But, cash is a position… a safe one.
no the selling is still yet to come in the cash markets.
That will be the time to get short again…
FOMC announcement today 2:15 pm EST.
what is everyone’s take on what is next? A real bounce or new shorting opportunity?
When does Bernanke speak? If he doesn’t hint at a possible QE3, this market is really going to collapse!
Daily chart
SPY 100ma is at 1259.07, DOW 100 ma is at 11658.48I would think we would at least touch that and bounce…got close. Blew right thru 100ma on NASDAQ
I got $20 on Madman Ben alluding to Money Printing III today.
I’m just waiting on a bounce now Richie.
I was wondering about whether you were long or not Robert. I’m glad you didn’t get trapped. I missed the move too, as I got out early yesterday and was waiting for today to get short. But, cash is a position… a safe one.
no the selling is still yet to come in the cash markets.