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Vix gapped open down 6.3% representing some serious buying at open. After Fridays close that blew me away

Yes, you are right. It’s didn’t say that the 13th was a POMO day, only that the schedule will be released.

Red, I don’t think the 13th is a POMO day:

The next release of the approximate purchase amount and tentative outright Treasury operation schedule will be at 2 p.m. on October 13, 2010.

All it says is the schedule is being released. In my experience though, the market won’t fall much as long as they keep doing it. I’ll be interested to see what the schedule looks like. My guess is that operations continue until mid November…for obvious reasons. LOL.

This market defies any logic, take a look at the NDSI. I am sure something has to give. I can’t imagine the manipulation could go any further.
http://www.market-harmonics.com/free-charts/sentiment/nasdaq_sentiment.htm

How is the US paying for all the debt? They are going around to all the other countries and stealing everything they own….
That’s what empires do!
Be happy, don’t worry man!

So, I go to get the news on AA’s earnings, and usually there’s only 3 or 4 headlines, about it…well this time, everyone and their mother’s were releasing figures–It’s just like the IKE pre-invasion of WW2, where all that mis- leading info was released to confuse the Nazi’s….
well same thing happened on AA earnings….
Thank god, I know how to kill the market Nazi’s…and I sort of got it sorted out….

AA next year is headed above 15.75…This year, see comment below…

AA short, don’t do it….
I’d wait for at least 14.30, then try a short—If that fails, then this market is really effing messed up.

Firstly, no one asked u to trade if u think the market is rigged and u cant make $ off it.

secondly, the important thing here is not whether the government or fed or other talking heads are doing the wrong thing or not. the point is how to make $ given the market conditions, with POMO or other sorts of manipulation or not. if u cant make $, then u suck.

thirdly, consistently outspending has always been the trademark of the US government. Fiscal conservative icon Ronald Reagan famously said the budget deficit didnt matter. so much for fiscal conservatism, hypocrites!

and last of all, the market can stay irrational longer than u can stay solvent.