You never know “what” is going to cause the crash… only that something will start it. No one suspects anything but the usual “continue unchanged” policy, so a rise in interest rates would certainly surprise everyone. I don’t think it’s going to happen of course, but it’s still a possibility…. but small one.
Wow! If this doesn’t wipe out the last bear I don’t know what will… this is brutal. Now let’s see if they are able to stay up here in the clouds the rest of the day? Some how I doubt it…
spx hod so far is 1299.11 or 1(2+9 =11)9.11 or 111:911
DOW 12K – it is just not believable that it could just blow thru this key number without some serious resistance
You never know “what” is going to cause the crash… only that something will start it. No one suspects anything but the usual “continue unchanged” policy, so a rise in interest rates would certainly surprise everyone. I don’t think it’s going to happen of course, but it’s still a possibility…. but small one.
Really hard to tell with the possible manipulation going on.
But I think the uncertainty beckons prices higher.
Raise the intrest rates and say good bye to any real estate recovery. Not that there was one to begin with….
I still like my 1304 at 1pm. Pullback once 1300 is hit first. Also like the Double Dees print to be hit EOD tomorrow.
the angle of this move from yesterday 3pm to now is VERTICAL…..
this short term move will fall down upon itself….
Wow! If this doesn’t wipe out the last bear I don’t know what will… this is brutal. Now let’s see if they are able to stay up here in the clouds the rest of the day? Some how I doubt it…
Yes, you can still see them on the Nasdaq site…
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?selected=SPY&mkttype=pre&symbol=IWM&symbol=RUT&symbol=VXX&symbol=QQQQ&symbol=SPY&symbol=DIA
I’m with you Richie! Now all we need is for Bernanke to do something stupid like raise the rates! Go Bennie, Go Bennie!