As long as POMO is in effect, you can expect this melt up. If the FED cannot keep long term rates in check, then POMO may backfire at some point, but so far, so good according to Benny…
ok now they are saying that Mubarak will be stepping down… so which is it???? and does it matter to the markets – nothing matters… everything good or bad seems to make this farce of a market soar….
someday….
Wow it actually looks like the VIX FP can be hit now as it is falling off a cliff and them markets are yet again going to new highs. I think we are in POMO time right now… maybe this will be the blow off top…
As long as POMO is in effect, you can expect this melt up. If the FED cannot keep long term rates in check, then POMO may backfire at some point, but so far, so good according to Benny…
ok now they are saying that Mubarak will be stepping down… so which is it???? and does it matter to the markets – nothing matters… everything good or bad seems to make this farce of a market soar….
someday….
Wow it actually looks like the VIX FP can be hit now as it is falling off a cliff and them markets are yet again going to new highs. I think we are in POMO time right now… maybe this will be the blow off top…
http://stockcharts.com/freecharts/gallery.html?$BPNYA freaking bullstards make me nuts
we broke through resistance on Spy I have 132.75
Hi richie! 🙂 yeah he’s good i am having tech issues too, my 1200 laptop only 1year and few days old crashed this a.m WTF! lol
anna,
thanks for the update….. i knew something was up with red – glad to know its just a connection problem…
Hey Gang! Red just texted me and his internet is down. so he cannot post. he will be on as soon as he can Anna
Green we go
Appropriate title for a movie in this market:
http://movies.yahoo.com/movie/1810150358/info