Search results

Looking like we're going to close around S&P 1410. The buy program just swamped the bears in the last 90 minutes, this was purely planned as soon as S&P 1380 was touched. The market is rigged, which makes it actually easier to predict.

The PPT is not myth. Bush convenes Plunge Protection Team http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=A1YourView&xml=/money/2008/01/07/ccview107.xml

Watch for the short squeeze in the final hour of trading, the setup is there for the taking. Bears are in for a rough last hour. Bulls will take this thing to S&P 1410.

We'll finish over 1400 today on the S&P. The PPT is in town and they are looking for bear hides.

I knew it, just like clockwork. All up from here. All shorts will be fried by the chartist PPT!

Officially we are still not in a recession. Technically need 2 consecutive quarters of negative GDP. When those GDP #s are based on dollars, with massive Fed printing, we could technically avoid recessions forever. Caring about inflation is just lip service.

No way, the Fed will save the day! Ben won't let that happen. The euro could go to 3 to the dollar and dollar/yen could go to 30 and they would still be there pumping out dollars. You just don't understand. RECESSIONS ARE ILLEGAL IN THE UNITED STATES.

The Federal Reserve has tried to save the stock market on bad down days for the last 20 years. And you expect people not to buy dips after that track record by the Fed? They don't let the market go down. They exist to save the stock market. It is plain as day.

Isn't market going down considered bad news by the Fed? LOL. I remember in August there wasn't much bad news and the Fed cut the discount rate by 50 bp. It was because the stock market was down. That was the main bad news. The Fed only cares about saving the stock market! Economy and...

The market can't crash when it has the biggest back stop in the world, the Fed. The Bernanke put has already been excercised twice, everyone knows the guy loves to cut rates and pump out money. I repeat. The market can't crash anymore. Those are past phenomenons when the Fed actually...

Gap up and we just run higher all day tomorrow! The low is already in. PPT will be ready to step in by the off chance there is any serious selling tomorrow.

Gap up is like 90% probability here. That was panic selling into the close, plus the institutions love to paint it pretty at the open to sucker in the retail buyers that all is ok.

Watch for a huge gap up tomorrow! These are all institutional games, selloff in the afternoon was to load up into the panic selling of newbies.

But is it a surprise rate cut if everyone knows its coming?

The Fed could give a rats a$$ about inflation. Its all lip service. If they actually cared about inflation and a falling dollar, you think we would be 1.47 with the euro and have commodities rocketing every day? Get a clue. The Fed since the 1970s have been inflationists.

The Fed HATES raising rates. I repeat, they HATE raising rates. If we had the past 2 Fed chairmen during the 1970s and 1980s, inflation would be at 30% right now.

The Fed officials all say one thing and do another. They change their minds based on single data points and have a tendency to hit the panic button (anyone remember Easy Al?). Bernanke has hit the panic button before, don't think he won't wear it out by the time he gets kicked out of his...

Futures start heading up in anticipation of a "surprise" rate cut and now it looks like its not going to happen this morning, the futures sell off. All stock traders are a bunch of rate cut addicts!

Was it just coincidence in August that the market got to the 1380 level for a retest and "successfully retested" those levels with the Fed coming in supposedly randomly, right? ON an expiration Friday right before index options expired and came out with a 50 bp discount rate cut? That was...

In the short term, the rate cuts have spiked up the market. That's why its suicide to be short ahead of the rate cuts. Better to wait for the rate cuts and have everyone get excited and then short.