You were pretty close on that call for a “gap fill”. She almost made it up there. But now I believe we will sell off until about Wednesday of next week. Good call though…
I’m surprised how far they rallied it back up. Who knows? They just might get “gap fill” today? Seems unlikely with the charts pointing down, and the dollar rallying, but the light volume still makes it easy for them to manipulate it higher.
Do you know if the money goes in to the market on POMO day or does it take a few days to “clear”?
Sentiment Readings…
http://www.aaii.com/sentimentsurvey/sent_results
Pomo Schedule:
11/29 – Tips – 1.5% – $2 Billion
12/1 – 7-10 yrs – 11.5% – $15 Billion
12/2 – 5.5-7 yrs – 11.5% – $15 Billion
12/6 – 17-30 yrs – 2.0% – $2.6 Billion
12/7 – 2.5-4 yrs – 10.0% – $13 Billion
12/8 – 4-5.5 yrs – 10.0% – $13 Billion
12/9 – 1.5-2.5 yrs – 2.5% – $ 3.3 Billion
12/13 – 10-17 yrs – 1.0% – $1.3 Billion
12/14 – TIPS – 1.5% – 2.0 $2 Billion
One thing should stand out very clearly… Wednesday and Thursday of next week are highly likely to be “rally days”.
You too Robert… and Happy Thanksgiving.
Thanks, enjoy your weekend………….
You were pretty close on that call for a “gap fill”. She almost made it up there. But now I believe we will sell off until about Wednesday of next week. Good call though…
Yes.
Yes, nice little rally off lows. Lots of risk right now and uncertainty. Might see a dive for the next few days….added a few shorts………..Go Auburn………..
What time does the market close today? Is it 1pm EST?
I’m surprised how far they rallied it back up. Who knows? They just might get “gap fill” today? Seems unlikely with the charts pointing down, and the dollar rallying, but the light volume still makes it easy for them to manipulate it higher.