Absolutely frenzied buying ahead of Bernanke's speech!

S+P futures just spiked to 1412 it was at 1398 when i got up a few hours ago...

Is the market telling us something?
 
Quote from bonds:

S+P futures just spiked to 1412 it was at 1398 when i got up a few hours ago...

Is the market telling us something?

Friday , shorts squeeze
 
Common for some players to front-run Bernanke... just in case he provides some sugar. If he doesn't, likely the run-up will be taken back and perhaps more.

Part of this run up this morning is also likely to do with jaw-boning about Greece by IMF.
 
Quote from failed_trad3r:

WE ARE PLUNGING :D :D :D

lol, it seems so (or not?)...no worry man..

i do not trade direction anyway so good luck but i kinda think u gonna be covering at some point...
 
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