Trichet has been frontrunning the most vulnerable Eurozone bonds; Greece and Ireland. Look at the yields drop – they’re going to do everything they can to make sure the Portugese auction go well. POMO will be big as usual, I can’t see why it wouldn’t be bigger than the last tranche.
One idea in addition its since a aug vix not broke his max of max in a mounth row view its a first time for a longest time and let me supouse that a hi volatility time on the way day to day staticticly its evident in a face.
Are you also thinking that the POMO news will scare the market and cause the sell off we’ve been waiting for? I can only say that if we hit that 118.16 print, and stall out just before 2pm, then I can see the news surprising Wallstreet… let the selling begin! LOL
Yes, thats EST. We are going to break out of this trading range and I think its going to be big. Lets hope there is no surprises from the FED and rally hard. Big storm coming in to Wall street tomorrow. Lets hope the traders show up…….
red,
dax up 1.34%……today is the day! we will hit the FP today for sure! Finally!!!……
red,
dax up 1.34%……today is the day! we will hit the FP today for sure! Finally!!!……
Silver broke out at $29.57 around 7PM. Silver is bullish yet again!
Looking to pass $30.00 overnight. A fast move to $35.00 is possible.
Trichet has been frontrunning the most vulnerable Eurozone bonds; Greece and Ireland. Look at the yields drop – they’re going to do everything they can to make sure the Portugese auction go well. POMO will be big as usual, I can’t see why it wouldn’t be bigger than the last tranche.
What monkey wrench will be thrown in the mix?
Follow the break…..I don’t think the Pomo will disappoint but I will be watching closely………
One idea in addition its since a aug vix not broke his max of max in a mounth row view its a first time for a longest time and let me supouse that a hi volatility time on the way day to day staticticly its evident in a face.
Are you also thinking that the POMO news will scare the market and cause the sell off we’ve been waiting for? I can only say that if we hit that 118.16 print, and stall out just before 2pm, then I can see the news surprising Wallstreet… let the selling begin! LOL
Yes, thats EST. We are going to break out of this trading range and I think its going to be big. Lets hope there is no surprises from the FED and rally hard. Big storm coming in to Wall street tomorrow. Lets hope the traders show up…….
The kid was probably in the same program that Duncan O’Finioan was…
http://projectcamelot.org/duncan_o_finioan.html
Nice chart, but it doesn’t look too accurate in the past. I do believe it will work this time though.