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First there was the Greenspan Put, now you have the Bernanke Put where it is suicide to be short at any time the indices fall by more than a few percent because there will be a rate cut or Fed intervention impending. There really is no risk when the Fed is your backstop. Why would anyone be...

Looks like Ben's friends are getting long index futures, we could have an intermeeting rate cut announcement at anytime. I'm betting they do a 25 bp cut intermeeting and then cut 50 bp at the Fed meeting at the end of January. Bam bam to the shorts! CPI says that inflation is 2% so they can...

The markets are rigged, The Fed is on the bull's side. Remember August when Ben came in on expiration Friday and blew out the bears with the 50 bp discount rate cut? How about TAF on the day after the Fed meeting in December in the morning scalping the bear's hide? That's 2 times in the...

Santa Claus sucker punched a bunch of seasonality traders. And now January is always supposed to be positive because of fund inflows but there is a little problem, people are not masochists! If you have trouble paying your ARMs, why in the heck would you buy mutual funds?

The Fed are chartists, they look at the charts on the S&P 500 and Dow and know where support is and will likely come to the rescue at S&P 500 1380, Dow 12500. Those are the Maginot lines where no bear gets through alive. Only 2% risk here fellows, unlimited upside, we have the Bernanke...

Weekend risk premium? LOL. How about an intraday risk premium for holding such overpriced junk during trading hours when moves are biggest?

Monday will likely gap up and then crap down again all day fooling traders again. One of these days the market will rally but I don't think it will be Monday. I see no fear yet, just a little concern.

The market will give you a 2nd chance but rarely a 3rd. Triple bottoms are very rare, after bouncing off of S&P 1400-1410 support area in August and November, we are back again to the support zone. This time, there will be no looking back as support is violated and we head towards new 52 week...

Fed has no choice but to push on string, there was a credit bubble and the country is becoming subprime. There is just too much debt and not enough savings. Its coming home to roost and the Fed can cut rates to zero and it will be the same problem. You don't solve a debt glut by issuing more...

I knew the Fed wouldn't let the market fall without doing something about it, they are going to raise the TAF amounts to $30 billion. Ben is watching over the panic button! PPT will never die.

Weak jobs report even after all the fluffing that the government did to come up with 18,000. And we are just getting ready for earnings season to start in earnest, who knows how many misses there will be and below the mark guidance waiting in the wings.

Repeated Fed bailouts just forestall the inevitable, but it does keep the longs afloat a little bit longer before the eventual flush out.

You have that sick feeling because it always bounces. When has it not bounced? Only 2 times, 1929 and 1987. That's 2 times in over 100 years. Its going to bounce.

Watch for an intrameeting cut in the next 2 weeks. If the market starts testing the August lows, Ben will without a doubt hit the panic button. We can't have a falling stock market!

After that jobs report, you know Ben is just itching to pull a Greenspan and pull off an intrameeting rate cut to see how much he can spike the markets. It will be a redux of 2001 where Greenspan saw one bad economic number and hit the panic button. I see Bazooka Ben doing the same thing.

Futures are meaningless. Wait till the market starts trading and then decide. The futures are often used as a tool to manipulate the markets and cause panic or greed. One economic data point is nearly meaningless. Typical overreaction by Wall Street.

The funny thing is that the 18k was probably cooked to the upside. We're in a recession which won't be obvious till its well underway. Credit bubble has popped, watch out.

The nonfarm payrolls number will be cooked for the bulls to have their day and watch for the futures to spike on the news. The rally will probably last a couple days and back to the same old grind lower. We are in a bear market, there is no avoiding a recession in real dollar terms. Nominal...

You just figured out that the market was rigged? The markets these days are nothing compared to Livermore's days and days of yore, where the markets were made to move, not taking any natural course. In fact, when the markets are rigged, they are more easily predicted, because the people...

I want to have some of what you're smoking. The market is stuck in a trading range which I see going on for a very long time, 1200 won't happen. The Fed won't allow it to. Yes, they can print enough money to not let it happen with ease. Zimbabwe here's to you!