fed magic money to the rescue!
must be nice to print money out of thin air
must be nice to print money out of thin air
Quote from pumpanddumper:
It's all about the last half hour. I hope we sell off hard into the close.
That turn around into positive territory mid-day was all short covering and locking in profits.
We should re-test last Friday's close I hope.
This crap with the Fed adding liquidity is really gay and i don't buy it.
Quote from makloda:
I wouldn't want to be net short either. There were rumors earlier today the Fed might announce a cut today after the close. Not sure who's more scared, the bulls or the bears.