Quote from beachhouse:
did you see the equity market rebound???
That, my friends, is INSIDER TRADERS at work!!!! 9 oclock news leaked out...........
Where is SEC? Surfing porn sites right now.![]()
I can imagine this:
A hedge fund manager, Steve, got a call from his source at Philly Fed 5 minutes before 9 CT. Then he put down the phone and turned around and shouted out his order to his traders (who were quietly waiting for his order, of course):
BUY BUY BUY!!!!!!
Then the index shot up.......
Disclaimer: Steve is a fictitious name, it does not mean any real person.

