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Right at 987 on SPX. Not a coincidence.

Don't fight the fed. Wall Street has gov't okay to take this up. Puts safer and a short up near 1018-25.

Let's see if this pans out. Markets have not been trading like they used to but they will return in time.

If DOW -50 or so at the hour one low , could get a breakdown on the ES of about 6-8 points at least. Will be a break from the trading action we've been getting so far. Will be interesting to see if that pans out today.

Best to short for scalps. Market should pullback but rarely does what you want it to especially when it's being manipulated more than ever before. This is just another bubble. I'm sure many here know this or saw this. Part I of V http://www.youtube.com/watch?v=nXfTleqKr-U

Rigged market. Short scalps with small short core holding or puts is the way to play this for now. Or longs with close stops. Either way, market environment has changed for the time being until people realize that their purchasing power is going down the drain with devaluation of hard earned...

Nice trading Buy1Sell2.

I left 20 years ago and was planning on moving back but seeing how things were during the Bush years I stayed away. Thought things would change with Obama but with Gates and Geithner, I've realized that those in power are still in power even though the President changes. Visiting the US is fine...

Short at 93.5. will scale in up to 804 stop 807.75

Was traveling....late post. Last position out at 770.

Was traveling....late post. Last position out at 770.

will scale out half at 80, a quarter at 75 and the remainder at 70 depending on the tape when we get to 70. might hold one and let it run but never know....might ramp up above 800. anything is possible on these fomc days.

The Fed is a joke. Hope HR1207 passes. They are the ones that got us into the mess we're in and will be the ones responsible for the inflation that will follow in the years ahead. Ramp up today, short above 790. Target 770.

Sounds good. I was thinking tomorrow or by FOMC announcement on Wed. Would love to see it hit today but the way it's holding up, it would be a nice surprise if it did.

Are you looking at it to hit it by EOD? I'm short and holding as well but not sure it'll hit it today. Possible by FOMC announcement depending on how high we go today. If we get a drop prior to closing, that would be nice as well but I am starting to wonder.

Bernanke trying to reassure the public that recovery is on the way and that the Fed is there to make sure it happens. Coming on TV and appearing responsible for the rally we had last week and may have in the upcoming weeks-short term. Just when pressure is on the Fed with HR1207. Fed is...

Ron Paul's Statement Introducing HR 1207<http://www.dailypaul.com/node/85020> Posted March 4th, 2009 by Michael Nystrom <http://www.dailypaul.com/user/1> HR 1207 is Dr. Paul's recently introduced legislation to audit the Federal Reserve, officially titled "The Federal Reserve Transparency...

Agree. Most don't realize this. And the media does nothing to point this out. The "Federal" of Federal Reserve Bank was purposely selected to make people believe that it is a branch of the gov't. Do the research and one can find out how the Federal Reserve Bank came into being and how they...

I'm sure he meant NQers.....

Have several clients. With the markets the way the are, people losing money and not trusting their own decisions, they find it easier to entrust their funds to others. Most of my clients are in Asia as I am also overseas. Number of clients have nearly doubled. Word of mouth is the best...